Theora 1.0 released, supported by Firefox

YA_Python_dev writes: The Xiph.Org Foundation announced today the release of Theora 1.0. Theora is a free/open source video codec with a small CPU footprint that offers easy portability and requires no patent royalties. Upcoming versions of Firefox and Opera will play natively Ogg/Theora videos with the new HTML5 element <video src="file.ogv"></video>, and ffmpeg2theora offers an easy way to create content. Theora developers are already working on a 1.1 encoder that offers better quality/bitrate ratio, while producing streams backward-compatible with the current decoder.