Originally Posted By: Mike Halloran

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The Fraunhofer Institute for Integrated Circuits stops providing licenses for MP3 technology, notes that more superior audio formats have made the MP3 obsolete…


Quote:
The MP3 isn’t “dying.” The MP3 is eternal.

https://www.vox.com/culture/2017/5/29/15653564/the-mp3-not-dead-license-expires-free

Fraunhofer released its MP3 patents and declared it dead. They also declared that AAC should be the new standard. Oh and, btw, Fraunhofer controls the licensing for the AAC file format, and makes money off the licensing fees.