MPEG Agree On New Draft Video Compression Standard

Video accounts for huge amounts of mobile data (possibly as much as 90% by 2015), and HD devices are everywhere. The struggle to provide quality video in a smaller file size is an ongoing one, and the Motion Pictures Experts Group now has a new format for High Efficiency Video Coding called H.265, or MPEG-H part 2. This new compression method allows a 50% lower bitrate for the same visual quality.

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