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AV2 video codec released: 30% more efficient than AV1

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By despite Netflix, smart TVs
| FlatpanelsHD Verified
After some delays, AV2 has been finalized and officially released, promising video compression efficiency gains over AV1 of typically 30% for 4K, 8K, VR and other formats. The release of AV2 comes eight years after the release of AV1 in 2018, which tells us that we should temper our expectations for the near future, as AV1 is still not in wide use, despite Netflix and YouTube having embraced it. - "Alliance for Open Media (AOMedia) has released AV2 after many years of development.
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Next-gen AV2 video codec set for release by year-end

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By despite Netflix, " announced AOMedia
| FlatpanelsHD Verified
10 years after its founding and 7 years after releasing the open video codec AV1, the Alliance for Open Media has announced that the next evolution, AV2, is set for release by year-end. The Alliance for Open Media (AOMedia) includes major industry players such as Amazon, AMD, Apple, Disney, Google, Intel, LG, Meta, Microsoft, Nvidia and Samsung. Back in 2018, AOMedia released the AV1 video codec as a royalty-free alternative to HEVC.
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