Mozilla Foundation Invests in Open Video

Open video — specifically open, royalty-free video and media formats — got a boost when Mozilla Foundation announced yesterday it is providing $100K to support development of improved Theora encoders and more powerful playback libraries.

That’s great news, hugely deserved, and even TechCrunch took note. Congratulations!

Now venture capitalists, enterprises, governments, education & research facilities and others should take note, too — Mozilla is onto an important unmet need and critical missing link, made even more important by these economic times.

Check out  BBC’s Dirac and Sun’s OMS Video, too — there’s a lot more than $100K of work to do!