Fraunhofer announces H.266/VVC, a new video compression standard that it says cuts file sizes by ~50% compared to its predecessor without compromising quality (Jeremy Horwitz/VentureBeat)

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Jeremy Horwitz / VentureBeat:
Fraunhofer announces H.266/VVC, a new video compression standard that it says cuts file sizes by ~50% compared to its predecessor without compromising quality  —  Having engineered the popular music encoding format MPEG-3 before developing the widely-used video formats H.264 (AVC) and H.265 …

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