CNET News.com: Open-source MP3 project [Ogg Vorbis] continues after parent's demiseDec 11, 2000, 22:27 (12 Talkback[s])
(Other stories by John Borland)
"Open-source software developers hoping to create a free replacement for the MP3 technology are pushing ahead with their project after the collapse of their parent, Webcasting start-up iCast."
"For the last few months of its existence, CMGI's iCast was the official home of the colorfully named Ogg Vorbis project, an attempt to create a digital music compression format that would sound as good as or better than the MP3 format but lack prohibitive license fees."
"Although most consumers view the popular online music technology as wholly free, companies that create software or hardware to play or encode MP3, as well as those that distribute MP3 downloads, must pay patent royalties. Webcasters ultimately will be in the same boat, probably as soon as next year."
"With the demise of iCast, a casualty of CMGI's recent round of belt-tightening, the Vorbis programming team was cut loose. It was allowed to keep all rights to its work, a provision that was part of its original deal in joining iCast, the programmers say."