Netflix says its open AV1 video codec now powers about 30% of all streaming on the platform and is rapidly becoming its primary delivery format thanks to major gains in compression, bandwidth efficiency, HDR support, and film-grain rendering. TVTechnology reports: The blog by Liwei Guo, Zhi Li, Sheldon Radford and Jeff Watts comes at a time when AV2 is on the horizon. […] The blog revisits Netflix’s AV1 journey to date, highlights emerging use cases, and shares adoption…

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