According to The Boston Globe, a company called Euclid Discoveries has invented a new video-compression technology that can shrink a full-length movie down so that it is only 50MB in size.
As a result, Euclid Discoveries says a full-length movie that requires 700 megabytes of storage when compressed using MPEG-4 would use just 50 megabytes when compressed with EuclidVision. At that size, 14 movies could fit on a standard CD-ROM disk. As for video downloading, it would take an hour for someone with a 1.5 megabit-per-second broadband connection to download a 700-megabyte file. But 50 megabytes would take less than five minutes.
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