Adobe has just dropped the licensing restrictions on the SWF and FLV formats as part of the open screen project .

Here’s an excerpt of the text in the Open Screen Project’s site.
The Open Screen Project is dedicated to driving consistent rich Internet experiences across televisions, personal computers, mobile devices, and consumer electronics. The Open Screen Project is supported by technology leaders, including Adobe, ARM, Chunghwa Telecom, Cisco, Intel, LG Electronics Inc., Marvell, Motorola, Nokia, NTT DoCoMo, Qualcomm, Samsung Electronics Co., Sony Ericsson, Toshiba and Verizon Wireless, and leading content providers, including BBC, MTV Networks, and NBC Universal, who want to deliver rich Web and video experiences, live and on-demand across a variety of devices.
Specifically, this work will include:

* Removing restrictions on use of the SWF and FLV/F4V specifications
* Publishing the device porting layer APIs for Adobe Flash Player
* Publishing the Adobe Flash® Cast™ protocol and the AMF protocol for robust data services
* Removing licensing fees – making next major releases of Adobe Flash Player and Adobe AIR for devices free.

What does this means for us developers ? It means that now you can use this formats to create players that read in this formats… exiting huhh !!!!.
More info and a video of Kevin Lynch Adobe CTO explaining more deeply what this means for the developer community visit the Developer section of the Open Screen Project on Adobe’s site.