From Kaltura Video’s Dr. David Shay

Open video theory.
clipped from www.streamingmedia.com
And here is where open source video enters the picture: It is a development methodology and distribution strategy that allows each company in the ecosystem to focus on what it does best, instead of replicating the efforts of others. Open source video, introduced to the market by companies such as Kaltura, is being adopted at every level of the ecosystem by industry leaders such as Akamai, Mozilla, and Wikipedia. Its premise is simple: Video is too important of a medium to be controlled by a single player. By espousing the principles of openness at all levels, including formats, technology, and content, and by collaborating in the development process, video can enjoy the force-multipliers that we have seen in other areas of open source software. The result is a better user experience, a reduction in the total cost of ownership, and a focus on innovative value-driven results.
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