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In page Data compression:

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H.264/MPEG-4 AVC was developed in 2003 by a number of organizations, primarily Panasonic, Godo Kaisha IP Bridge and LG Electronics.[9] AVC commercially introduced the modern context-adaptive binary arithmetic coding (CABAC) and context-adaptive variable-length coding (CAVLC) algorithms. AVC is the main video encoding standard for Blu-ray Discs, and is widely used by video sharing websites and streaming internet services such as YouTube, Netflix, Vimeo, and iTunes Store, web software such as Adobe Flash Player and Microsoft Silverlight, and various HDTV broadcasts over terrestrial and satellite television.[citation needed]