We could be waiting until late 2024, possibly even into early 2025, before Avanci Video – the one-stop shop for video codecs launched in late October – announces its first licensee. This is because the royalty rates for the patent pool don’t event exist yet – and won’t until Avanci has worked its mediating magic on the minefield that is getting the 27 current licensors (soon to be more) to agree on the worth of their intellectual property while potentially litigating against one another. Royalty terms are some of the most controversial sticking points in the entire video ecosystem. Negotiations are now taking on a new direction with Avanci Video pursuing a content-based licensing structure to target video streaming services…