The International Standards Organization (ISO) is rewriting learning Object Metadata; this link (to a PDF file) is a draft of the new standard. The draft has been circulating for a few days among the standerati and has received, well, a bit of a rough ride. The standard doesn't resemble what I would do, but there are some good bits - for example, the rights section now allows the document to point to a URL of a rights statement. Still, I expect a lot more discussion (though ISO is predisposed toward passing whatever it sees and limits discussion to only authorized country spokespeople, so what we see may be what we get).
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