Google Announces WebM Community Cross Licensing

theweatherelectric writes "Google's WebM project has announced the formation of the WebM Community Cross-License Initiative. Members of the WebM-CCL agree to license patents they may hold that are essential to WebM technologies to other members under royalty-free terms. This initiative would seem to address some of Microsoft's concerns about WebM. Meanwhile, the MPEG LA appears to have remained silent after the submission period of its call for patents essential to WebM ended over a month ago."