MorphOS Developer
Posts: 556 from 2003/2/24
From: finland, the l...
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It was created by one company who sold the patents and source to Google who have now tweaked it and released it as free. This does not make it a standard.
Theora comes from the same source btw.
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Unless someone can show evidence that WebM provides higher quality for lower bit rate or easier coding/decoding then this is just politicking/marketing.
WebM doesn't provide any compression. It's a container format based on matroska.
VP8 is the video codec used. It has very similar compression ratio to H.264.