Patent Holders Cut Streaming Fees For Next-Gen Video Tech

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Story by Stephen Shankland / CNET

HEVC, a new standard for compressing 4K video, will be cheaper for many companies to use than its industry-dominating predecessor. Maybe Google’s competition helped.

After discussions lasting months, patent holders have agreed on license terms for the next-generation HEVC video-compression technology — and it’s a better deal than today’s prevailing standard.

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