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Philips Slashes CD and DVD Disc Royalties

DIGITIMES reports that Royal Philips Electronics has reduced the patent royalty it charges CMC Magnetics and Ritek on blank CD-RW, DVD-R, DVD+R, DVD-RW and DVD+RW discs.

According to the report, the new licenses are valid from December 31, 2009 to December 30, 2019 and reduce the royalty to $0.01 (US) per disc from $0.035-$0.036 (US).

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