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September 1, 2015 05:20 pm GMT

Amazon, Netflix, Google, Microsoft, Mozilla And Others Partner To Create Next-Gen Video Format

6939206771_311b25264f_oAmazon, 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 ofdeveloping the next generation of royalty-free video formats, codecs and other related technologies. It’s not often we see these rival companies come together to build a new technology together, but… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rdbBLQHF_AI/

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