Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 02 2020 - 08:12
AsiaNet
HEVC Advance Announces Royalty Rates to Remain at Current Levels
BOSTON, July 2, 2020 /PRNewswire-AsiaNet/ --

-- Caps will also remain unchanged for HEVC Advance Licensees in the program 
before 2021

HEVC Advance, an independent licensing administrator, today announced that the 
current royalty rates offered by its HEVC/H.265 Pool License will remain 
unchanged for its next five-year term, beginning January 1, 2021, through 
December 31, 2025 (the "First Renewal Term"). 

HEVC Advance also announced that the Category and Enterprise Caps will increase 
by 20% beginning on January 1, 2021, but those increases will be suspended 
through the end of the First Renewal Term for all Licensees in the program by 
December 31, 2020, and that remain in good-standing.

"We are very pleased that our Licensors have decided to maintain existing 
royalty rates and caps for those companies that are meeting their IP 
obligations," said HEVC Advance CEO, Peter Moller.  "This decision of our 
Licensors is especially note-worthy considering the overwhelming success of the 
HEVC Advance pool in consolidating HEVC patent owners -- with now 29 Licensors 
and ~11,000 essential patents as compared to our launch in 2016 with 6 
Licensors and ~500 essential patents -- all with no increase in royalty rates!" 

HEVC Advance reminds any holders of HEVC Standard Essential Patents that are 
not yet Licensors in the HEVC Advance Pool that incentives in the form of 
increased patent points are still available for patents submitted and 
determined to be essential by December 31, 2020. For further information please 
contact HEVC Advance at licensing@hevcadvance.com.

About HEVC Advance
HEVC Advance is an independent licensing administrator company formed to lead 
the development, administration and management of an HEVC/H.265 patent pool for 
licensing essential patents. HEVC Advance provides a transparent and efficient 
licensing mechanism for HEVC patented technology. For more information about 
HEVC Advance, visit www.hevcadvance.com.

Contact: press@hevcadvance.com

SOURCE HEVC Advance
Translations

Japanese