How MPEG-5 Part 2 LCEVC works and why it matters

MPEG-5 Part 2 LCEVC (Low Complexity Enhancement Video Coding) is a new video standard by MPEG.

It specifies an enhancement layer which, when combined with a base video encoded with a separate codec, produces an enhanced video stream.

Max will talk about different stages of LCEVC encoding and decoding process, benefits that it brings when used with different base codecs and explain what allows LCEVC to achieve them.