When the multi-codec Avanci Video patent pool launched in October 2023, the organization pointed Faultline to early 2025 as an optimistic but plausible timeframe for securing a first licensee. That 14-to-17-month projection accounted for the political merry-go-round required to harmonize royalty rates across HEVC (H.265), VVC (H.266), AV1, VP9, and MPEG-DASH. The reality is it took until early 2026 for Avanci Video to secure its first signature, following the eventual confirmation of the group’s royalty rates. The inaugural licensee remains under NDA, described only as a large global streaming platform with tens of millions of subscribers spanning the US, Europe, and Asia, delivering sports, news, and entertainment. Speaking to Faultline, Avanci Video VP Judy Yee is confident the licensee will…