H.266/Versatile Video Coding (VVC)
Naively hoped I'd read 'this will be released to the community under a GPL license' or similar.  Instead found the words 'patent' and 'transparent licensing model'.<p>I appreciate that it costs money and time to develop these algorithms, but when you're backed by multi-billion dollar "partners from industry including Apple, Ericsson, Intel, Huawei, Microsoft, Qualcomm, and Sony" perhaps they could swallow the costs?  It is 2020 after all.