Jeff Baumgartner for Multichannel News

Backed by several major players, new codec claims to hold bandwidth efficiency edge over VP9, HEVC

Lawsuit aims to take down service that is allegedly selling and distributing illegal video services globally

Amplifying a growing trend, 21 percent of U.S. pay TV customers say they subscribe to an online video service from their MVPD, up from 10 percent a year ago, according to a Parks Associates study.