DVD Patent Licensing Program Announced by Six Companies |
11 June, 1999
Matsushita Electric Industrial Co., Ltd.
Mitsubishi Electric Corporation
Time Warner Inc.
Victor Company of Japan, Ltd.(JVC)
Tokyo, June 11 -Six leading developers of DVD technology and formats, Hitachi, Ltd., Matsushita Electric Industrial Co., Ltd. (Panasonic), Mitsubishi Electric Corporation, Time Warner Inc., Toshiba Corporation and Victor Company of Japan, Ltd. (JVC), today announced that they have commenced a worldwide joint licensing program for patents essential for DVD-Video players, DVD-ROM drives, DVD decoders and DVD-Video and DVD-ROM discs.
This joint licensing program has been commenced following receipt of an affirmative business review letter from the U.S. Department of Justice and filing a notification with the European Commission. The potential licensees will benefit from one-stop shopping for the essential patents owned by the six companies, which will facilitate the development of the DVD market.
The license portfolio consists of the six companies' essential patents for DVD-Video and DVD-ROM. Licenses for the portfolio will be available for products that comply with the specifications for the DVD formats promulgated by the DVD Forum.
Interested parties are also free to negotiate separate license agreements, rather than taking a single portfolio license, with each of the six companies, which have committed to provide such licenses for their respective essential patents under fair, reasonable and non-discriminatory terms and conditions.
The companies have authorized Toshiba to be the agent for this joint licensing program, with Matsushita and Hitachi providing support as the first point of contact in certain regions, as follows:
Royalties under the terms of the portfolio license will be as follows:
For further information, prospective licensees may contact:
In North and South Americas:
In Europe and Africa:
In Asia (excluding Japan), Oceania and the Middle East:
|Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement,but is subject to change without prior notice.|