For more information visit: www.dvd6cla.com
Unedited press release follows:
DVD6C Announces Revised Rate Program for DVD Read-Only Discs
TOKYO–DVD6C Licensing Group — (Authorized Licensor: Toshiba Corporation)
The DVD6C Licensing Group (DVD6C) consisting of nine leading developers of DVD technology and formats — Hitachi Consumer Electronics Co., Ltd., JVC KENWOOD Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., Sanyo Electric Co., Ltd., Sharp Corporation, Toshiba Corporation and Warner Bros. Home Entertainment Inc. — today announced that it is revising its worldwide patent licensing program to offer a reduced royalty rate for DVD Read-Only Discs to licensees in good standing.
Specifically, the revised licensing program provides for a reduced rate – from US$0.04 to US$0.0375 per disc – for Read-Only Discs (DVD-Video Discs, DVD-ROM Discs, and DVD-Audio Discs) for licensees in good standing, i.e., licensees who have no overdue or incorrect royalty reports or overdue or underpaid royalties (including back royalties) and are otherwise in compliance with their license agreement with DVD6C. This reduced royalty rate will be available to such licensees for Read-Only Discs sold or otherwise transferred during any reporting period beginning on or after July 1, 2011, provided that the licensee was in good standing as of the due date for payment of royalties for the immediately preceding reporting period or, to qualify for the reduced rate for the second half of 2011, that the licensee entered into a new license agreement incorporating the revised royalty terms and was in good standing as of January 31, 2012. Licensees shall not be considered in good standing for any period for which an audit has revealed an underpayment of royalties of greater than 3%.
New or existing licensees interested in receiving the reduced royalty rate may enter into a new license agreement incorporating the revised royalty terms. Only those licensees who enter into a revised agreement will be eligible for the reduced royalty rate, and only those who sign the revised agreement by, and are in good standing on, January 31, 2012, will qualify for the reduced rate for the second half of 2011.
Interested parties will remain free to negotiate individual license agreements with DVD6C’s member companies, rather than entering into a single portfolio license or license for a category of products. The member companies have committed to provide such licenses under fair, reasonable and non-discriminatory terms and conditions.
For further information regarding the DVD6C licensing program, please visit the 6C web site (www.dvd6cla.com) or contact one of the following regional contacts:
General Manager, Licensing & Contracts Division
Toshiba DVD License Services, Inc.
5th Floor, Sumitomo-Hamamatsucho Bldg.
18-16, Hamamatsucho 1-chome, Minato-ku
Tokyo 105-0013, Japan
Europe and Africa:
DVD6C Licensing Administrator
Toshiba Information Systems (U.K.) Ltd.
Weybridge Business Park,
Weybridge, Surrey KT15 2UL
Phone: +44(0)1932 825061
Fax: +44(0)1932 839121
Asia (excluding Japan), Oceania and the Middle East:
DVD Licensing Center
Hitachi Consumer Electronics Co., Ltd.
292 Yoshida-cho, Totsuka-ku,
Yokohama, 244-0817, Japan
Regional Contact for Americas, Panasonic
201 Redwood Shores Parkway, Room #410,
Redwood Shores, California 94065, USA