The MPEG Industry Forum declared victory and is now winding down its work. By the end of this month, all remaining assets will be put into the hands of the Open IPTV Forum.
The MPEG Industry Forum was initiated in June 2000 with mission to educate and evangelize an emerging standards based solution that became known as MPEG-4 Part 10, aka AVC, aka H.264. At the time, there was considerable industry fragmentation as to the future of video compression. Slowly but surely H.264 gained mind share and then market share and today is clearly the dominant codec of choice replacing MPEG-2 around the world. Hence, the MPEG Forum has declared victory.