[izacus]

As someone who worked in streaming, I hope new opensource formats burn down the incestual cesspool of rentseeking codecs and bury them under tons of concrete.

You're literaly commenting here on an article where Dolby CEO gleefuly explains how he made profit by using streaming services to make users pay for their own patents and royalties. And we didn't even get to the DRM which lies deeply integrated into every part of those formats. Or insane complexity of HEVC and Dolby Vision profiles which somehow don't bother you at all.

So, AVC, HEVC, Dolby anything, DTS anything, burn the rentseekers to the ground. I'm sorry if you need to transcode an additional video format for that.

[ksec]

So ultimately, who is paying for the work on Standards in Video and Audio Codec?

[account42]

To a large degree, the public via universities.

[ksec]

Most of the work on leading edge, state of the art Video Encoding are not done by universities or Researchers at all. And even if in the case universities were contributing, most of them are sponsored by certain business entities.