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Seven big-name Internet companies today announced formation of the Alliance for Open Media – an open-source project that will develop next-generation media formats, codecs and technologies in the public interest. The Alliance's founding members are Amazon, Cisco, Google, Intel Corporation, Microsoft, Mozilla and Netflix.
Reportedly, the group plans to publish its code under the Apache 2.0 license and it will operate under W3C patent rules, meaning the members will waive royalties from the codec implementations and their patents on the codec itself.
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Amazon, Netflix, Google, Microsoft, Mozilla, et al Partner To Create Next-Gen Video Codec
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You are a fluke of the universe; you have no right to be here.
(Score: 0) by Anonymous Coward on Thursday September 03 2015, @05:09AM
Video compression is perceptual - it is all based on how the human brain perceives things - the shortcuts our brains take in processing visual stimuli. It is possible that compressed video looks like shit to your cat because cat brains process visual input differently than humans.
Thus there are no end-all and be-all 'mathematical algorithms' for video compression - it is an area of active research. But one thing is generally true, the more CPU power we have available, the more sophisticated tricks we can apply to a video to make it seem OK to our brains with less bitrate.
That is all a vast over-simplification but good enough for now.
And DRM is completely orthogonal to compression.