New MPEG format halves file size

August 15, 2012, 09:32 AM

http://www.neowin.net/news/new-mpeg-format-halves-...

The Moving Picture Experts Group (MPEG), a group of technology experts formed to create new digital standards for audio and video compression, has a rich history when it comes to creating formats that affect everyone. Think of MP3, which is formally known as MPEG-1 Audio Layer III.

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