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
• the ability to address existing and emerging use cases, including
  • offline encoding for streaming VOD
  • live OTT streaming