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MulticoreWare has been leading the x266 open-source encoder project in the past year and made significant improvements. The H.266/VVC standard promises to significantly reduce the storage and distribution costs by half over HEVC by leveraging several video encoding technologies at the same quality or 2X quality improvement at the same bit rate.
MulticoreWare formed an x266 (VVC) Consortium last year, like its x265 consortium-led development approach.
One of the key partners in the VVC Consortium is Bitmovin Inc. The x266 open-source encoder development is part-funded by Bitmovin Inc. Talking about the x266 open-source encoder initiative, Reinhard Grandl, VP of Product at Bitmovin said, “Bitmovin fervently believes in open-source development to fast-track innovation through collaboration – exemplified in our product suite. We’re ardent supporters …
Full story available on Benzinga.com
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