MPEG LA Introduces Patent Pool License for Versatile Video Coding (VVC…

MPEG LA, LLC today announced the availability of the VVC Patent Portfolio License (“VVC License” or “License”). The joint license includes patents that are essential to the Versatile Video Coding (VVC, also known as H.266 and MPEG-I Part 3) standard. VVC provides increased compression with significant bitrate reduction, giving consumers enhanced speed and efficiency in products that encode and decode video for Internet, television and mobile transmission, reception and use. VVC is cap...