Your YouTube and Netflix streams may look better and buffer less later this year

TL;DR

• Alliance for Open Media announced it will launch AV2 later this year, which should be a big upgrade for streaming video.
• The next-generation video codec is said to offer better compression, enhanced support for AR/VR applications, and will operate over a wider visual quality range.
• It’s expected that 88% of AOM members — which include brands like Samsung, Google, Microsoft, and Apple — will adopt AV2 within two years.