Access Advance Announces the Initial Group of VVC/H.266 Video Patent Pool Licensors
Twenty-Eight (28) Patent Owners Became Licensors
BOSTON – (January 11, 2022) – Access Advance today announced that twenty-eight (28) companies, which together are estimated to account for a substantial percentage of the expected VVC standard essential patent (“SEP”) landscape, have joined as Licensors of the VVC Advance Patent Pool. VVC (“Versatile Video Coding”) is the next generation video codec standard finalized less than eighteen (18) months ago, which provides significant improvements in video compression of up to 50% over HEVC, enabling a new generation of products, ever more beautiful video, faster downloads, lower latency, and improved savings on storage. The list of VVC Advance Licensors includes the following...