According to Netflix, the new process will enable it to reduce the average bitrate by 50% with no loss in image quality
Netflix's tech team has made a number of improvements to its H.264/AVC Main profile per-title encodes
The annual Nostradamus Report, which speaks to key figures within the TV and film industries, has predicted Netflix will look to buy TV channels within the next five years.
Netflix has said it is "open to" supporting HDR10+ but that it isn't "on their roadmap at the moment."
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