Artem Tashkinov writes: After three years in development the Alliance for Open Media is releasing the royalty-free AOMedia Video Codec 1.0 (AV1) specification. The AV1 codec promises an average of 30 percent greater compression over competing codecs according to independent member tests. The release of AV1 includes:
Bitstream specification to enable the next-generation of silicon Unoptimized, experimental software decoder and encoder to create and consume the bitstreamReference streams for product validationBinding specifications to allow content creation and streaming tools for user-generated and commercial video

Read more of this story at Slashdot.

Source: Slashdot – An Open Source, Royalty-Free AV1 Codec Has Been Released