There’s news from the codec world.

The promising new codec named AV1 has been released in version 0.1. This new version promises much better processing speeds. The AV1 is mainly based on VP9 and additions from Daala, Thor and VP10. Compared to H.264 and H.265, this codec compresses much more, the files are about half the size, with the same picture quality.

The AV1 codec development is being pushed forward by Mozilla, Google, Cisco, Amazon, Netflix, AMD, ARM, Intel and Nvidia under the umbrella of the company AOMedia to replace the expensive and licensed codec’s h.264 and h.265.