Access Advance LLC today announced that Meta Platforms, Inc., one of the world’s largest distributors of video content across its Facebook, Instagram, Threads, and WhatsApp services, has joined the Video Distribution Patent Pool (VDP Pool) as a Licensee. Meta also joined both the HEVC Advance and VVC Advance pools as a Licensee. Alibaba Group, whose video infrastructure spans a wide range of video-based services across e-commerce, entertainment, and digital media platforms, was also announced as a VDP Pool Licensee this week. Meta and Alibaba joining the VDP Pool further reinforces the program’s market leading position in resolving the licensing issues around the use of modern video codecs, including VP9, AV1, HEVC and VVC, across all the diverse business models of internet video streaming.
“A significant U.S.-based company like Meta joining as a Licensee is a milestone moment for the content distribution business and the VDP Pool,” said Peter Moller, CEO of Access Advance. “Meta reaches billions of users every day through some of the most watched video platforms in the world. Their participation in the VDP Pool reflects the balanced licensing solution the VDP Pool offers the industry, and is a testament to Meta’s leadership among U.S. companies in bringing the many benefits of modern video codecs, such as AV1, to so many consumers. In addition, Alibaba’s sophistication in video technology makes their expansion in the VDP Pool particularly meaningful, and further establishes the program as the go-to licensing solution for the streaming media industry.”
About Access Advance:
Access Advance LLC is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important video codec technologies. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers.
Access Advance manages and administers the HEVC Advance Patent Pool for licensing over 29,000 patents essential to HEVC/H.265 technology and the VVC Advance Patent Pool for licensing over 5,400 patents essential to VVC/H.266 technology. The company’s Multi-Codec Bridging Agreement provides eligible licensees with a single discounted royalty rate structure for licensees participating in both the HEVC Advance and VVC Advance pools. In addition, Access Advance offers the Video Distribution Patent Pool, a comprehensive licensing solution for video streaming services covering HEVC, VVC, VP9, and AV1 codecs. Access Advance has also acquired the administrator of Via LA’s HEVC/VVC patent pool, now named the VCL Advance (Video Codec Licensing) program. For more information, please visit: www.accessadvance.com.
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