Recently, we have seen renewed attention on HEVC following Apple’s announcement to support the codec on their devices. 6 months later, Apple surprisingly became a founding member of the Alliance for Open Media (AOM) as a supporter of the AV1 codec. Yet, while the AOM group claims AV1 provides better performance than HEVC and will be offered royalty-free, there are some academic benchmarks who find AV1 inferior to HEVC on codec quality and performance. In the meantime, MPEG / ITU-T is working on a next generation video codec, in a group called JVET (Joint Video Exploration Team) that has a mandate to deliver a video compression standard that can reach 50% over HEVC in 2020. Additionally, on the streaming side, we have seen the MPEG CMAF standard getting some traction not only to unify the HLS and DASH worlds, but also to offer the long awaited low latency delay solution for OTT. This panel will discuss perspectives on these video compression technologies to help content providers, broadcasters, and service providers figure out the best path forward to distribute content over the internet in the coming years.