Why bye bye? its all BS in the press.
All the media are presenting the mp3 licensing comming to an end as the death of MP3.
1. MP3 can not die, its not a living thing. MP3 will be available as it always has been, now more freely.
2. The only people who want rid of MP3 are the music industry, they have to try and get their DRM in there some how.
Watch Apple be the first to no longer support MP3's on their devices. AAC being perfect for them, their invention and DRM compatable. Apple never supported FLAC why? Because they are w*nkers when it comes to protecting their iTunes..
Its all marketing BS!