MPEG Continues With Royalty-free MPEG Video Codec Plans 139
yuhong writes "From the press release: 'In recognition of the growing importance that the Internet plays in the generation and consumption of video content, MPEG intends to develop a new video compression standard in line with the expected usage models of the Internet. The new standard is intended to achieve substantially better compression performance than that offered by MPEG-2 and possibly comparable to that offered by the AVC Baseline Profile. MPEG will issue a call for proposals on video compression technology at the end of its upcoming meeting in March 2011 that is expected to lead to a standard falling under ISO/IEC "Type-1 licensing", i.e. intended to be "royalty free."'"
Royalty Free (Score:5, Funny)
So we won't find any videos of Charles, Camilla, William and Kate, Harry and the rest of the family in that format then
Re:Royalty Free (Score:5, Funny)
I would pay a premium for that.