Google has been working on a new video codec under the WebM project that will be announced on June 17, according to sources. At the announcement, Google will provide us a date on which the next generation of compression technology will launch on YouTube and in Chrome.
WebM is a project by Google that aims to get rid of royalty constraints that come with the currently popular compression technology, H.264. As of now, the WebM technology has a video codec called VP8 and an audio codec called Vorbis. But Google has been working on VP9, the successor of VP8, for some time now that will allow users to stream videos in the same way as it is done in H.265, the successor of H.264.
One of the key benefits of H.265 compression technology is that it can transmit the same video quality at half the bits per second allowing users to stream videos by consuming less data. Users with relatively slow connection will be most benefited by this as they will then be able to stream good quality video even with their slow internet connection.
Google hopes to match the same quality of H.265 with its newest video codec, VP9. Combined with a new audio codec called Opus, the next version of WebM is expected to be a better alternative to H.265 compression technology for Google and other companies that want to avoid royalty constraints.
If VP9 and Opus makes it to the YouTube and proves to be working great, this will open a new world of royalty-free video compression technology over the web.
Now people with bad internet connection can only look forward to June 17 for the official announcement of when Google is going to activate the new video compression system on YouTube.