Google removes support for the H.264 video codec in favor of the WebM
Google announced that it plans to remove support for the H.264 video codec from its browsers, in favor of the WebM codec that they recently made free. Since then, there's been a lot of discussion about how this change will affect the Web going forward, as HTML5 standards like the video tag mature.
Mike Jazayeri ( Product Manager ) says:
"We expect even more rapid innovation in the web media platform in the coming year and are focusing our investments in those technologies that are developed and licensed based on open web principles. To that end, we are changing Chrome’s HTML5 <video> support to make it consistent with the codecs already supported by the open Chromium project. Specifically, we are supporting the WebM (VP8) and Theora video codecs, and will consider adding support for other high-quality open codecs in the future. Though H.264 plays an important role in video, as our goal is to enable open innovation, support for the codec will be removed and our resources directed towards completely open codec technologies.
These changes will occur in the next couple months but we are announcing them now to give content publishers and developers using HTML <video> an opportunity to make any necessary changes to their sites."
(Source: blog.chromium.org)