YA_Python_dev writes "The Xiph.Org Foundation announced Monday the release of Theora 1.0. Theora is a free/open source video codec with a small CPU footprint that offers easy portability and requires no patent royalties. Upcoming versions of Firefox and Opera will play natively Ogg/Theora videos with the new HTML5 element <video src="file.ogv"></video>, and ffmpeg2theora offers an easy way to create content. Theora developers are already working on a 1.1 encoder that offers better quality/bitrate ratio, while producing streams backward-compatible with the current decoder." Adds reader logfish: "Since its bit-stream freeze in June of 2004 there have been numerous speed-ups and bug-fixes. Although Nokia claimed it to be proprietary almost a year ago, nothing has been proven. So now it's time to help it take over the internet, and finally push for video sites filled with Theora encoded vlogs, blurts and idle nonsense."