Less than two decades ago, digital video was in its infancy, with then-new technologies such as MPEG video, ATSC television, and QuickTime — not to mention the World Wide Web — all pointing toward a bright future for digital media. Today, while further exciting applications for digital video are no doubt still to come, the promise of those early days is largely realized. The acquisition, processing, and distribution of video content have transitioned to mainly file-based processes, resulting in unprecedented flexibility and reach for content owners, creators, and distributors. As new digitally-enabled capabilities have proliferated, however, so too have the challenges of making them practical and efficient for real-world use.

