#Amazon, #Cisco, #Google, #Intel, #Microsoft, #Mozilla and #Netflix today announced that they have formed a new open source alliance — the Alliance for Open Media — with the goal of developing the next generation of royalty-free video formats, codecs and other related technologies.
http://techcrunch.com/2015/09/01/amazon-netflix-google-microsoft-mozilla-and-others-partner-to-create-next-gen-video-format/#.raywlm:JqpV
