Google launches open source, royalty free WebM video

Although Google’s plans to release an open-source video codec was widely discussed in the tech community for some time, the big G has made it official. Google’s acquisition of On2 and their video codec has become WebM. According to the announcement during Google I/O conference, WebM is a container based on the popular Matroska, with VP8 video and Ogg audio streams packaged inside. What makes WebM compelling is that Google has decided to make it both open source and royalty free, which could set it up to be the HTML5…

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