It's about time! New alliance to deliver Royalty Free Web Video CODEC

The future is looking brighter for streaming high def and 4K video over the web! Microsoft, Intel, Google, Cisco, Mozilla, Amazon and Netflix are working together to deliver open standards and Royalty Free Web Video CODEC that will be available to commercial and non-commercial video content producers.

Studio Daily by Bryant Frazer The first task of the newly formed Alliance for Open Media (AOMedia for short) is creating an open video codec designed for high-quality, real-time delivery of commercial and non-commercial content over the web. The codec will be royalty free and open source and will include specs for media format, encryption, and adaptive streaming. AOMedia was established through the Joint Development Foundation, a nonprofit infrastructure designed for development projects. The seven founding members are Microsoft, Intel, Google, Cisco, Mozilla, Amazon, and Netflix. "The Alliance for Open Media brings together the leading experts in the entire video stack to work together in pursuit of open, royalty-free and interoperable solutions for the next generation of video delivery," said AOMedia Executive Director Gabe Frost in a prepared statement. Other companies will be allowed to join the alliance later this year. read more...