New VLC Player Supports WebM H264 Hardware Decoding

Want to play videos encoded with WebM, the new video format that Google open sourced at its developers conference? Well, look no further: The new version of VLC supports WebM playback.

Source:
http://newteevee.com/2010/05/27/new-vlc-version-supports-webm-h-264-hardware-decoding/

Patent cloud looms over Google Web video plan

In mid-May, Google launched an ambitious effort called WebM to make it as easy and cheap to put video on the Web as it is to put photos there today.

At the heart of WebM is Google's new royalty-free, open-source technology called VP8 that combines modern streaming-video f

Source:
http://news.cnet.com/8301-30685_3-20006245-264.html