Yesterday it was officially Announced that Macromedia will be using the video codec from ON2 in the next version of the Flash Player codenamed Maelstrom. This is huge! ON2 is probably the hottest codec on the market today. You can see samples of ON2 video on their web site. You’ll need to download their proprietary video player to view the samples.
“Macromedia Flash allows customers to deliver immersive video experiences to the broadest possible audience,” said Jeff Whatcott, vice president of marketing, Macromedia. “On2 Video technology will help take the quality and creative possibilities of Flash video to a whole new level.”