ARS Technica reports Google has plans to make the VP8 codec open-source at next month's Google I/O conference.
The move could spur the adoption of HTML5 video.
When Google announced a deal to acquire video technology company On2 last year, the move generated speculation that the search giant was aiming to liberate the VP8 codec in order to accelerate the advancement of standards-based open video. Google has remained silent about its plans for On2's intellectual property, but signs have emerged that the company is planning to do precisely what the speculators anticipated.
According to a report at NewTeeVee, inside sources have confirmed that Google will be open-sourcing the VP8 codec next month at the Google I/O conference. Mozilla and Google will also reportedly announce plans to implement support for VP8 in their respective browsers at that time. The move could have profound ramifications on the viability of standards-based video playback and the future of rich media on the Internet.