Well, they’re here – V-Nova has revealed the licensing terms for LCEVC, and in some instances, they are very affordable indeed. We were assured in the announcement that this licensing model can make money, but one wonders how much money is being left on the table. On the one hand, V-Nova could have aimed to only slightly undercut the status quo, making perhaps billions of dollars over a ten year period. Instead, it has targeted a fortune that is measured in millions, and perhaps only just into triple digits in that regard. Of course, that should be lauded. Naked profiteering has always looked gross, and CEO Guido Meardi is quite right that codec royalties are typically viewed as a tax.…