Amazon, Cisco, Google, Intel Corporation, Microsoft, Mozilla and Netflix announced formation of the Alliance for Open Media. This is an open-source project that will develop next-generation media formats, codecs and technologies.
Together they will develop a new video codec as a royalty-free specification, instead of commercial codecs like MPEG.
The Alliance’s initial focus is to deliver a next-generation video format that is:
- Interoperable and open;
- Optimized for the web;
- Scalable to any modern device at any bandwidth;
- Designed with a low computational footprint and optimized for hardware;
- Capable of consistent, highest-quality, real-time video delivery; and
- Flexible for both commercial and non-commercial content, including user-generated content.
Read more about this alliance in this press-release.