V-Nova announces the completion of MPEG-5 LCEVC standard

• MPEG-5 Part 2 LCEVC (Low Complexity Enhancement Video Coding) achieves ISO FDIS standard status (ISO 23094-2) • Independently validated to deliver higher quality at up to 40% lower bitrates, LCEVC enhances the compression & computational efficiency of any codec on any device • LCEVC is already being trialled by a number of companies spanning […]