Sony Corporation announced that it is expanding its XAVC 4K professional video recording format to serve the consumer market.
The International Telecommunication Union (ITU) announced that one of its technical study groups has given first-stage approval to the H.265 (ISO/IEC 23008-2) High Efficiency Video Coding (HEVC) video compression standard.
RED Digital Cinema announced its new Over-the-Top (OTT) network-based REDRAY 4K Cinema Player ($1,450).
Sony Corporation announced its new XAVC 4K video recording format, which employs MPEG-4 AVC/H.264 level 5.2 compression.
Corel Corporation announced its new Roxio Game Capture HD PRO, the company’s latest gamer-friendly gizmo for capturing, editing and streaming video.
Rovi Corporation announced that it has licensed its MainConcept H.264 video codec and SDK to Microsoft for Windows Azure Media Services.
Hauppauge Digital announced its new HD PVR 2 Gaming Edition high definition video game recorder at gamescom2012 in Cologne, Germany.
Corel Corporation announced that it has released its new VideoStudio Pro X5 ($79.99) and VideoStudio Pro X5 Ultimate ($99.99) video editing software.
MPEG LA announced its new MVC Patent Portfolio License, which applies to Blu-ray 3D and other products that employ the MPEG-4 Multiview Video Codec (MVC) standard.