Key highlight from the article:
"The H.265 video codec, also known as High Efficiency Video Coding or HEVC, is being designed to replace the current H.264 standard used for high definition and Full HD (1920x1080) video encoding and decoding.
The Joint Collaborative Team on Video Coding reached a new milestone for the H.265 video codec during the past week, and is about to unleash the new “monster” video standard within the next year.
H.265 will be designed to support new, still to be created video delivery and streaming technologies from day one, including devices working at 4K and Ultra HDTV (also known as 8K or 4320p) resolutions.
Just to put things in perspective, the Ultra HDTV definition contains about 16 times the amount of pixels present in a 1080p video stream."