MPEG hammers out codec that halves bit rate
Wednesday, August 15, 2012 - 14:30
in Mathematics & Economics
(Phys.org) -- A new international standard for a video compression format was announced today. The draft was issued by the influential Moving Picture Experts Group (MPEG) which met in Stockholm in July. MPEG, formed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), drew 450 participants at the meeting, from 26 countries, representing telecoms, computer, TV and consumer electronics industries. MPEG discussions and standards affect these industries. In other words, the standard is a big deal.