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Q: Since FFmpeg is licensed under the LGPL, is it perfectly all right to incorporate the whole FFmpeg core into my own commercial product?
A: You might have a problem here. Sure the LGPL allows you to incorporate the code. However, there have been cases where companies have used FFmpeg in their projects, usually for such capabilities as superior MPEG-4 decoding. These companies found out that once you start trying to make money from certain technologies, the alleged owners of the technologies will come after their dues. Most notably, MPEG-LA (licensing authority) is vigilant and diligent about collecting for MPEG-related technologies
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but they should understand that we aren't making any money out of this, then are they bothered so much?