I want to mention this on its own, because it's a big deal, and so that other news items don't steal its thunder: Cisco has begun blogging about their own FOSS video codec project, also being submitted as an initial input to the IETF NetVC video codec working group effort:
Heh. Even an appropriate almost-us-like nutty headline for the post. I approve :-)
In a bit, I'll write more about what's been going on in the video codec realm in general. Folks have especially been asking lots of questions about HEVCAdvance licensing recently. But it's not their moment right now. Bask in the glow of more open development goodness, we'll get to talking about the 'other side' in a bit.