October 2020 is shaping up to be the biggest month in V-Nova’s rollercoaster history, one which has seen the UK-based compression vendor pivot from being the target of much resistance from the video industry, to being instrumental in the delivery of a new standardized codec in the form of LCEVC (low complexity enhancement video coding). In less than three months’ time, LCEVC (aka MPEG-5 Part 2) will be subject to editorial review from the standards body powers that be – but what do we know about the critical licensing terms for LCEVC? Faultline managed to scratch below the surface of the unfinished LCEVC licensing structure ahead of completion of the final standard – with V-Nova CEO and co-founder Gudio Meardi…