Video compression: V-Nova LCEVC licensing terms announced

Codecs and Standards
Standards & Services

V-Nova LCEVC – including both IP Rights and software products – is available for Entertainment Video Services with two types of licensing:

  • The Integration License is free and enables device or chipset manufacturers, operating systems, browsers, in-house development and encoder/player vendors to rapidly integrate V-Nova LCEVC encoding and decoding libraries.
  • The Usage License is priced based on service size, measured via the total number of users.  Above a lower free threshold, the cost per user is calculated according to volume and capped at $3.7mn per year.

V-Nova LCEVC is the industry’s first highly optimized implementation of MPEG-5 Part 2 LCEVC, the codec-agnostic ISO/IEC enhancement standard capable of providing higher quality at up to 40% lower bitrates than codecs used natively. Its unique low-complexity design immediately accelerates encoding by up to 4x via a simple software upgrade, producing significant transcoding cost efficiencies. Importantly, it offers a corresponding reduction of carbon emissions per hour of video, providing relevant environmental sustainability benefits to video workflows. LCEVC enables service providers to improve the quality of their services, their customer reach and minimize their operating costs.