MPEG LA has announced that the first meeting of essential HD DVD patent owners took place in Los Angeles on September 11th. The group consisted of 16 companies seeking to a joint license providing fair, reasonable, non-discriminatory access to essential patents, as an alternative to negotiating separate licenses.
"MPEG LA applauds the extraordinary cooperation of so many diverse companies working together to come up with an efficient way for users of the multitude of patents employed in HD DVD devices, discs and related implementations to address their licensing needs," said MPEG LA CEO Larry Horn.
Horn added: "And the substantial progress made in this initial meeting bodes well for achieving it." The objective is for the license to reflect both relevant conditions in the marketplace and the value of the licensed technology in order to strike a balance between patent users' interest in reasonable access to this advanced optical disc technology and patent holders' interest in a reasonable return on their research and development investment that enables a joint license to be offered for the convenience of the marketplace as an alternative to negotiating separate licenses.
Additional patent holder meetings are planned, and work on the joint license will continue. MPEG LA welcomes any party that believes it has patents which are essential to the HD DVD standard to submit them for evaluation of their essentiality by MPEG LA's patent evaluators and participate in the joint license creation process if determined to be essential.
Source:
Press Release
Horn added: "And the substantial progress made in this initial meeting bodes well for achieving it." The objective is for the license to reflect both relevant conditions in the marketplace and the value of the licensed technology in order to strike a balance between patent users' interest in reasonable access to this advanced optical disc technology and patent holders' interest in a reasonable return on their research and development investment that enables a joint license to be offered for the convenience of the marketplace as an alternative to negotiating separate licenses.
Additional patent holder meetings are planned, and work on the joint license will continue. MPEG LA welcomes any party that believes it has patents which are essential to the HD DVD standard to submit them for evaluation of their essentiality by MPEG LA's patent evaluators and participate in the joint license creation process if determined to be essential.
Source:
Press Release
