What is MPEG LA?
MPEG LA is in the business of offering users access under one license to essential patents for standards-based technologies owned by many patent holders. MPEG LA provides these licenses as a convenience to the market in order to save users the time and expense of negotiating individual licenses with multiple patent owners and the resulting payment of many separate royalties. One of the licenses offered by MPEG LA includes patents that are essential to the MPEG-4 Visual (Part 2) Standard.