Acting as the licensing administrator for patents held by AT&T, Dolby, Fraunhofer IIS-A, and Sony, Dolby is pleased to announce the addition of Nokia to the group of co-licensors. Dolby will immediately begin offering MPEG-4 AAC licenses worldwide. The new licensing model for Internet streaming, electronic media distribution (EMD), multimedia playback, and wireless applications is based on the availability of MPEG4 and the assumption that the new technology will replace MPEG2 on which for example all MP3's are based. More information... The licensing model: For a consumer (non-commercial) decoder product: $0.50 to $0.12 (volume-based) per channel Royalty rates for PC-based software decoder products are $0.25 per channel, up to a maximum annual payment of $25,000 per legal entity For a consumer (non-commercial) encoder product: $0.50 to $0.12 (volume-based) per channel Royalty rates for PC-based software encoder products are $0.50 to $0.27 per channel (volume-based), up to a maximum annual payment of $250,000 per legal entity For a professional (commercial) decoder product: $2.00 per channel For a professional (commercial) encoder product: $20.00 per channel For more information please visit www.aac-audio.com