ITU signs off on H.265 video standard

High Efficiency Video Coding said to need half the bit rate of H.264

The International Telecommunications Union (ITU) has signed off on High Efficiency Video Coding (HEVC), a video compression standard expected to succeed the wildly popular H.264.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/01/29/h265_signed_off_by_itu/