The 86th MPEG meeting was held in Busan, Korea from 13 to 17 October 2008.
In the press release MPEG highlights the results of the Workshop on New Challenges in Video Coding Standardization, at the end of which MPEG has determined the need of a next generation video coding technology named HVC (High-Performance Video Coding), which should be able to provide more compression than the High Profile of H.264/AVC for video beyond HDTV resolution.
As a consequence, a new ad-hog group has been created with the mandates to discuss vision, applications and requirements of HVC, to distribute Call of Test Sequences and to develop the first draft Call for Evidence.