Toronto-based mDialog, a video sharing and distribution startup, has raised a $3 million first round from angel investors, reports VentureBeat. In addition to offering user-generated content sharing, which is like an endless list of other companies, mDialog plans to distribute professional, third party content in a format designed for Apple (NSDQ: AAPL) services, including AppleTV. It’s licensed Apple
Video Distribution Service mDialog Raises $3 Million First Round
Summary:
Toronto-based mDialog, a video sharing and distribution startup, has raised a $3 million first round from angel investors, reports VentureBe…
Apple doesn't own or have any Intellectual property on AVC/ H.264.
Stop perpetuating the myth and get your facts straight.
http://www.mpegla.com/
Wow, talk about being harsh!
But Matt is correct, Apple does not own the patent (IP) on MPEG-4. In a quote from the apple site:
<blockquote>the ISO chose the QuickTime file format as the foundation for the new MPEG-4 standard.</blockquote>
[via http://www.apple.com/quicktime/technologies/mpeg4/%5D
Sorry had a bad hair day :) I've just seen this mis-representation too many times.