Access Advance Secures Meta as Licensee Across Three Patent Pools
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.
Access Advance LLC 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. 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.”
– Peter Moller, CEO, Access Advance
