Philips to reduce CD Rewritable Disc compliant royalty rate by 44%

Royal Philips Electronics announces today that it will reduce the royalty rate for compliant licensees in the CD Rewritable discs license program by 44% from USD 0.045 per disc to USD 0.025 per disc.

The reduction shall be available to all licensees who are in full compliance with the terms and conditions of their license agreement with Philips. The reduction shall initially be valid from the 4th quarter of 2007.

Until such time when Philips formally introduce the Veeza licensing system for CD Rewritable discs in which the royalty reduction will become a permanent element of the program.

For more info: send an e-mail to info.licensing@philips.com

Or contact one of our offices in your region. Please click here to get an overview of our offices

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