MCBA Benefits for Licensees
The MCBA provides numerous benefits for Licensees, such as:
- The total royalty rate payment for Licensee Products implementing both VVC functionality and HEVC functionality are significantly reduced as compared to the additive rates of the individual pools
- Simplified reporting, invoicing, and payment
- Certainty that rates and caps will not increase by more than 20% for any Renewal Term
- Certainty of licensing terms through 2035
- Simplified Patent Marking and Trademark Logo usage on VVC+HEVC Products (one notice and one logo addresses obligations under both the HEVC Advance Patent Pool and the VVC Advance Patent Pool)