MPEG LA just gave Googles a swift kick in the balls today when they announced no royalties charge for AVC/H.264 encoded video.

"The move to effectively eliminate licensing fees for free Internet video is likely an effort to prevent Google's new WebM standard, built with technology it gained from acquiring On2 last year, from gaining any serious traction as a de facto Web standard for video. Despite Google's backing and support planned for Chrome, Firefox, and Opera browsers, the MPEG LA has suggested that the VP8 codec used by WebM is likely covered by patents held by its member companies. If WebM does prove to be encumbered by the same patents as H.264, which is already widely used for online video, there would be little reason to switch away from H.264 in its favor." | more