The most far-reaching announcement at CES 2016 was held at a relatively late 7 PM session, on the night before CES officially started and in a small meeting room, and in front of a small audience. However, the announcement of a new industry standard for TVs will have a major impact on every maker of CE, broadband and home networking gear, on every content creator, all the major studio and content distributors, from OTT services to pay TV providers and on broadband service providers. The UHD Alliance, whose members include the most senior players in TVs, TV technology, content production and content distribution, announced that the members have agreed on a next generation standard that will specify the functions which…