I guess it wont mean that parents on video encoding won't exist, rather that now they wont be standardized. Not everyone can be sponsored by advertising monopol

I guess it wont mean that parents on video encoding won't exist, rather that now they wont be standardized. Not everyone can be sponsored by advertising monopoly, some might need their technology to bring revenue by itself. However yes, the pool broke by too greedy companies (IP based companies, not technology ones) and hevc is laughable. See it explained by mpeg chairman itself https://blog.chiariglione.org/a-crisis-the-causes-and-a-solution/ https://blog.chiariglione.org/a-crisis-the-causes-and-a-solu...