WebP is a method of lossy compression that can be used on photographic images. WebP offers compression that has shown 39.8% more byte-size efficiency than JPEG for the same quality in a large scale study of 900,000 images on the Web. The degree of compression is adjustable so a user can choose the trade-off between file size and image quality.
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MGM and Warner Near on Deal for 'Hobbit' Films - NYTimes.com - 0 views
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