Cisco plans to open-source H.264 code, widen support for web-based video chat

[elio francesconi]

Dear all,
I want to share with you this important news to know your opinion.
Reading briefly this article it seems that Cisco, the codec's owner don't
want royalties anymore.
What does it means, pratically?
Thanks
Elio

http://www.engadget.com/2013/10/30/cisco-plans-to-open-source-h-264-code-for-webrtc/?ncid=rss_truncated
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