Mp3 Is Officially Dead As Fraunhofer Institute Discontinues The Format
The MP3 audio codec was first released to the public in the mid-90s and was aimed at replacing the audio format present in CDs at that time in order to accommodate more files on a single disc. The development for the format was started in 1987 and when it was released the format only needed 1/10th of disc space while retaining the music quality. “Technicolor’s mp3 licensing program for certain mp3 related patents and software of Technicolor and Fraunhofer IIS has been terminated,” Fraunhofer Institute stated....