Quicktime 6, and MPEG-4 Licensing
Apple official released Quicktime 6 today... And according to CNet, new licensing terms have been arranged:
Under the new terms, owners of Web site content can license the latest video and audio compression format for 25 cents per subscriber or 2 cents per hour, subject to a $1 million annual cap. Also, MPEG LA set a minimum threshold so that content owners with fewer than 50,000 subscribers aren't subject to royalties. The fees are applicable to Web site operators that benefit commercially from use of the technology, through either paid advertisements, pay-per-view services or subscriptions.
Previous terms had no annual cap.
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Apple's Greg Joswiak today hinted at new product announcements coming next week, sharing a social media post that says "Can't wait to pro and tell next week."
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Can't wait to pro and tell next week....