The Moving Picture Experts Group (MPEG) has produced a draft standard for a new video-compression format that delivers the same video quality in half the bandwidth of the current H.264 standard. The draft, High Efficiency Video Coding (HEVC also known as H.265 and MPEG-H Part 2), announced today, agreed on at an MPEG meeting in Stockholm in July attended by 450 delegates from the telecoms, compute