Access Advance LLC Announces New Members in Video Distribution Patent Pool
Boston—(BUSINESS WIRE)—Access Advance LLC has announced significant new members joining its Video Distribution Patent (VDP) Pool. Industry giants Alibaba Group and ZTE Corporation have become Licensors, enriching the pool's patent portfolio. Meanwhile, Alibaba’s subsidiary Youku, a leading Chinese streaming platform, has entered as a Licensee. This development enhances the VDP Pool's licensing framework by incorporating key patents related to HEVC/H.265 and VVC/H.266 standards, while also broadening coverage to Youku's extensive user base.
Statements from Access Advance and Industry Implications
Peter Moller, CEO of Access Advance, expressed enthusiasm about the inclusion of these companies, stating, “We are pleased to welcome Alibaba, ZTE, and Youku to the VDP Pool. Their participation not only brings valuable intellectual property assets but also demonstrates the pool's appeal to major streaming services through its flexible and predictable licensing model.”
The addition of Alibaba and ZTE as Licensors provides the pool with vital patents, while Youku’s role as a Licensee hig...