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by metajack 5987 days ago
Mozilla has not poured any money into Theora that I know of. The primary developers are all working on it in their spare time or as part of their jobs with other companies. For example, Monty is employed at RedHat.

The fact that Theora is competitive to the best proprietary codecs without any real funding is a huge success. Imagine what would happen if Google or Mozilla put a little effort behind that?