VP8 codec confirmed to be open sourced: Google
Quote:
During the Google I/O keynote, Google revealed that it will be opening up the VP8 codec and making the underlying intellectual property available under royalty-free terms so VP8 can become a truly open standard for Internet video. The search giant has launched a project called WebM (more on that later), which brings together the VP8 video codec and the royalty-free Ogg Vorbis audio codec. The company is collaborating with many different partners to ensure that WebM becomes ubiquitous. Mozilla and Opera have both enthusiastically embraced the initiative and have already experimentally implemented support in their own Web browsers.
During the Google I/O keynote, Google revealed that it will be opening up the VP8 codec and making the underlying intellectual property available under royalty-free terms so VP8 can become a truly open standard for Internet video. The search giant has launched a project called WebM (more on that later), which brings together the VP8 video codec and the royalty-free Ogg Vorbis audio codec. The company is collaborating with many different partners to ensure that WebM becomes ubiquitous. Mozilla and Opera have both enthusiastically embraced the initiative and have already experimentally implemented support in their own Web browsers.
http://arstechnica.com/web/news/2010...m_campaign=rss
Hopefully Apple is first in line with a leading edge implementation of WebM... though I'm not holding my breath.