MPEG LA

MPEG LA is a licensing company that manages patents and licensing for digital video and audio formats, such as MPEG-2, H.264, and HEVC. Instead of requiring each individual patent holder to negotiate separately, MPEG LA bundles rights into a single license. This makes it easier and more cost-effective for manufacturers, developers, and content providers to use these technologies legally. Essentially, MPEG LA acts as a centralized administrator, ensuring that innovators and patent owners are fairly compensated while enabling widespread adoption of digital media formats.