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”."
#NetNeutrality is STILL in danger - Click here to help. DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Check out the new SourceForge HTML5 Internet speed test. ×