Google, Amazon, Netflix, Microsoft and others team up to develop royalty-free video formats

Sooraj Shah
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Internet giants join forces to develop media formats - so they don't have to pay royalties to the likes of MPEG LA

Google, Amazon, Netflix, Microsoft, Cisco, Intel and Mozilla have teamed up to work on an open-source project to develop royalty-free media formats, codecs and technologies. The seven organisations...

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