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80% of Daily YouTube Videos Now In WebM 163

An anonymous reader writes "OSNews has an update on the WebM project from a presentation given by Google's John Luther and Matt Frost at the Streaming Media West conference. OSNews writes, 'Earlier this year, Google finally did what many of us hoped it would do: release the VP8 codec as open source. It became part of the WebM project, which combines VP8 video with Vorbis audio in a Matroshka container. The product manager for the WebM project, John Luther, gave an update on the status of the project (PDF) — and it's doing great.'"

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