Netflix To Re-Encode Entire 1 Petabyte Video Catalogue In 2016 To Save Bandwidth (variety.com)

An anonymous reader writes: Netflix has spent four years developing a new and more efficient video-encoding process that can shave off 20% in terms of space and bandwidth without reducing the quality of streamed video. With streaming video accounting for 70% of broadband use, the saving is much-needed, although the advent of 4K streaming, higher frame rates and HDR are likely to account for it all soon after. Netflix video algorithms manager Anne Aaron explained to Variety that certain types of video benefit little from the one-size-fits-all compression approach that Netflix has been using until now: "You shouldn't allocate the same amount of bits for My Little Pony as for The Avengers."