Zetacast participated in the 124th meeting of MPEG, which was held in Macau from 8 – 12 October 2018.
A Call for Proposals (CfP) was released for a new video coding standard (whose name will be determined at the next meeting). The primary objective is to develop a new standard that addresses combinations of technical and business requirements that are not adequately met by existing video coding standards. The new standard should provide a video compression solution which combines:
- coding efficiency similar to that of HEVC
- complexity suitable for real time encoding and decoding
- timely availability of licensing terms
ability to address existing and emerging use cases, including
- offline encoding for streaming VOD
- live OTT streaming