Tech Heavies Want Royalty-Free Video Codecs

Several tech heavvies want royalty-free video codecs. “Microsoft, Google, Mozilla, Cisco, Intel, Netflix, and Amazon today launched a new consortium, the Alliance for Open Media. The group plans to develop next-generation media formats—including audio and still images, but with video as the top priority—and deliver them as royalty-free open source, suitable for both commercial and noncommercial content.”

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