NAB 2019: New video codec gaining momentum

LAS VEGAS – A groundswell of support seems to be building for a highly efficient next-gen video codec.AV1 is an open, royalty-free video codec that's designed to use 30% to 40% less bandwidth than such existing video codecs as High Efficiency Video Coding (HEVC) and VP9, another royalty-free codec created by Google in 2013. Sensing its potential for greater bandwidth savings, such big names in the video tech world as Netflix, Intel, Google and Samsung are now lining up behind it.Most notably, at the big annual NAB Show two weeks ago, Intel and Netflix gave AV1 a big boost by...