Oh, and guess what a significant portion of that proposed standard, MPEG-4 (as in MovingPictureExpertsGroup), happens to be based on?
FORBES: Streaming meemies
2.
The MovingPictureExpertsGroup (MPEG) has met to issue a draft international standard of a new video-compression format that is twice as efficient as current standards.
ENGADGET: MPEG drafts twice-as-efficient H.265 video standard, sees use in phones as soon as 2013