This is an old concept. There was a research lab in Vancouver circa 2008 who did exactly the same thing (I applied to intern there as an EE student). It was the

This is an old concept. There was a research lab in Vancouver circa 2008 who did exactly the same thing (I applied to intern there as an EE student). It was the first HDR video display ever built. They had to also design the encoding format. They never commercialized but they sold their patents to Dolby who turned it in to “Dolby Vision”.