Story at ZDNet. More at Beet TV.
We’re announcing a new update to the Flash Player today code named “Moviestar” and it includes support for the widely used industry standard H.264 codec as well as High Efficiency AAC audio support. The update will also be a part of Adobe AIR.
Undoubtedly a move in preparation for adding DRM for Flash Video, as well as supporting more manageable playback of HD content.
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