In a victory for mobile operators, MPEG LA, which includes electronics giants Sony and Philips Electronics, said today it will cut its proposed antipiracy software royalties by one-third per electronic device. The decision marks the group’s response to feedback that high tariffs could stifle the growth and innovation of the digital music and video markets.
MPEG LA Concedes to GSM Association; Cuts Royalties
Posted by: Jennifer LeClaire April 13, 2005 11:01 AMIn a victory for mobile operators, MPEG LA, which includes electronics giants Sony and Philips Electronics, said today it will cut its proposed antipiracy software royalties by one-third per electronic device. The decision marks the group’s response to feedback that high tariffs could stifle the growth and innovation of the digital music and video markets.