VP3.com: Future VP3 Releases To Be LGPL

sudog writes: "According to this vorbis-dev posting and The VP3 Homepage VP3 (QT5-type movie compression scheme) is now under the LGPL! What's not clear is whether they intend to offer it guaranteed royalty and patent free to the community. They're actively looking for help, too. Does this mean that we no longer need the OGG-Tarkin to save us from our movie-less, video-app-less emulating?" Of course, they don't say starting when, exactly.