Compression solutions provider V-Nova has given details of the licensing terms for Entertainment Video Services.
The licensing terms have been designed together with customers and key industry players and reflect the enhancement nature of LCEVC as well as a modern approach to licensing, akin to that of software services where operators pay as they benefit from a given technology. The result is license fees that are either free or low-cost.
The Integration Licence is free and enables device or chipset manufacturers, operating systems, browsers, in-house development and encoder/player vendors to rapidly integrate V-Nova LCEVC encoding and decoding libraries.
The Usage License is priced based on service size, measured via the total number of users. Above a lower free threshold, the cost per user is calculated according to volume and capped at $3.7mn per year.
“The rapid release of the LCEVC product, followed in quick succession by our low-complexity licensing terms, comes in response to the strong interest we have seen for LCEVC. We are actively supporting multiple major customer projects and we are working hard to ensure that LCEVC market adoption is as rapid and seamless as possible” said Guido Meardi, CEO and Co-founder, V-Nova.
V-Nova LCEVC is the industry’s first highly optimized implementation of MPEG-5 Part 2 LCEVC, the codec-agnostic ISO/IEC enhancement standard capable of providing higher quality at up to 40% lower bitrates than codecs used natively. Its unique low-complexity design immediately accelerates encoding by up to 4x via a simple software upgrade, producing significant transcoding cost efficiencies.
Importantly, it offers a corresponding reduction of carbon emissions per hour of video, providing relevant environmental sustainability benefits to video workflows. LCEVC enables service providers to improve the quality of their services, their customer reach and minimize their operating costs.