As many of you may have heard, Microsoft was recently nailed for $1.52 billion in MP3 patent dispute.
Although Microsoft held a license from Fraunhofer/Thomson, it did not prevent the immense judgement for Alcatel-Lucent.
With hundreds of companies who hold Fraunhofer/Thomson licenses to the MP3 audio format, many must be asking themselves whether a similar fate will befall them in the future. Although Microsoft will undoubtedly appeal, this could still have far reaching effects on other compressed formats such as Ogg, AAC, and other others.
I wonder the impact this will have. Could this mean that the need to compress music files will disappear so we'll have CD-quality sound instead of the compressed versions? Saving space is less of a consideration with ever increasing storage and broadband.
Maybe this may mark the beginning of the end of the age of the MP3. Do you think that would be a good thing?