Legal Status
Although widely considered to be Microsoft’s product, there are fifteen member companies within the VC-1 patent pool (as of August 17, 2006). As an SMPTE standard, VC-1 is open to implementation by anyone, although implementers may be required to pay licensing fees to the MPEG LA, LLC licensing body or directly to its members, who claim to hold essential patents on the format (since it is a non-exclusive licensing body).
Read more about this topic: VC-1
Famous quotes containing the words legal status, legal and/or status:
“In the course of the actual attainment of selfish ends—an attainment conditioned in this way by universality—there is formed a system of complete interdependence, wherein the livelihood, happiness, and legal status of one man is interwoven with the livelihood, happiness, and rights of all. On this system, individual happiness, etc. depend, and only in this connected system are they actualized and secured.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Hawkins: The will is not exactly in proper legal phraseology. Richard: No: my father died without the consolations of the law.”
—George Bernard Shaw (1856–1950)
“His Majesty’s Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.”
—A.J. (Arthur James)