MPEG LA Attempts To Start VP8 Patent Pool

Confirming speculation from last year, an anonymous reader tips news that MPEG LA has posted a request for information about establishing a patent pool for the VP8 video codec. "In order to participate in the creation of, and determine licensing terms for, a joint VP8 patent license, any party that believes it has patents that are essential to the VP8 video codec specification is invited to submit them for a determination of their essentiality by MPEG LA’s patent evaluators. At least one essential patent is necessary to participate in the process, and initial submissions should be made by March 18, 2011. Although only issued patents will be included in the license, in order to participate in the license development process, patent applications with claims that their owners believe are essential to the specification and likely to issue in a patent also may be submitted."