While the reporter is trying to make a sensational story, his understanding of the patent is wrong. In order to learn what a patent is about, you have to do more than read the description. Technically, the description is meaningless. It's the claims that are important.
And the claims of this patent are not about patent licensing. IBM is not trying to patent patent licensing. What it *IS* about is creating a pool of IP that can be used by multiple licensees. Now, while this may sound like your typical patent licensing, it's not. First, this pool encompasses patents, copyrights, and trade secrets. Second, when one of the licensees needs to use the selected IP, it is then legally transferred to them and thus unavailable for anybody else to use until they transfer it back.
So no, it's not about patent licensing. It's about temporarily transferring your IP to another company so they can use it as a bargaining chip. Mind you, I still think it's a ridiculous notion that such a thing can be patented. But at least read the claims and get the story right.