>> Companies will slash their investments in video compression technologies. Thousands of jobs will go and millions of USD of funding to universities will be cut.
I believe this is total BS. There are great open technologies(i.e http/http2) and they didn't need a extortion cartel to police anyone who dares to use them without to buy a license(if they could buy it in the first place). Codecs should be open and they can be developed/sponsored by people who benefit most(i.e. Media companies, internet companies, hardware companies etc)
I believe this is total BS. There are great open technologies(i.e http/http2) and they didn't need a extortion cartel to police anyone who dares to use them without to buy a license(if they could buy it in the first place). Codecs should be open and they can be developed/sponsored by people who benefit most(i.e. Media companies, internet companies, hardware companies etc)