Oh, and guess what a significant portion of that proposed standard, MPEG-4 (as in Moving Picture Experts Group), happens to be based on?

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It will be a revenue model similar to compact discs or MPEG-2, the standard for digital satellite communications.

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The player will support several digital video formats, including MPEG 2, which is the current standard for digital video used on DVD discs and in hard-drive TV recorders like ReplayTV and TiVo (nasdaq: TIVO - news - people ).

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Today's high-definition sources are scrunched down with MPEG-2, a long-lived standard also used by DVDs.

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The Moving Picture Experts Group (MPEG) has met to issue a draft international standard of a new video-compression format that is twice as efficient as current standards.

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It is a proprietary standard, owned by a consortium of tech companies called MPEG LA. Apple and Microsoft have both contributed patents to MPEG LA, so they are part of the consortium.

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