I wonder what that means for Daala. It's scheduled to be finished by the end of this year. I hope it still gets finised.
Since Thor was released Daala already started incorporating parts of it that made sense (and vice versa for Thor). So this will just expand that pattern.
There's lots of cool tech in Daala, but I'm guessing that most people involved would be happy to see a royalty-free video codec succeed even if it wasn't entirely their baby and if the member corporations can throw enough lawyers, engineers and existing patents at the problem, then less sexy, more traditional tech will probably get the job done and make Daala's strategy less relevant.