Faultline has picked up on a few breadcrumbs of information relating to the royalty licensing scheme for LCEVC (low complexity enhancement video codec) – discussions which developer V-Nova has been closely guarding long before the technology was given the standardization stamp of approval last month. Back in July, the UK-based compression vendor taunted royalty-free licensing models (namely AV1) for not being true to their word. As we keep being told, open source and royalty free are not the same thing. The likes of the Alliance for Open Media (AOMedia) can claim a royalty free model until the cows come home, only then to argue that patents are invalid or third-party examiners are wrong. V-Nova has therefore claimed LCEVC would be…