The Joint Collaborative Team on Video Coding hit a new milestone for the H.265 video codec, which is the next generation MPEG media codec that will usher in 8K display resolutions, otherwise known as Ultra HDTV (UHDTV). That works out to 4320p (7680x4320) and offers 16 times more pixels than today's Full HD 1080p (1920x1080) HDTVs.
H.265 is also known as High Efficiency Video Coding (HEVC), a new standard that could be ratified as early as next year, or so that's the goal. According to eWeek , the standards group mentioned above recently came up with a committee draft during a meeting in San Jose, an important milestone for H.265, though not the final hurdle.
Advocates of H.265 initially said the codec could provide improvements to streaming efficiency by 35 percent to 40 percent over today's H.264 codecs, but one of the speakers present at the meeting said it could be as high as 67 percent.
None of this means you should toss your existing HDTV on eBay or Craigslist. It will still be another year, at the earliest, before H.265 receives final ratification, and then it will be a waiting game for supported TV sets and UHDTV streams to emerge.