Five months on since NAB 2019 which marked a significant turning point for the UK’s V-Nova, the compression company has come out with the third installment of its long-misunderstood Perseus codec. Called P+, the next evolution of the Perseus Plus codec includes the world’s first implementation of the bi-layer MPEG-5 Part 2 LCEVC (low complexity enhancement video coding) standard. V-Nova has been promising a codec revolution for years now and here at Faultline Online Reporter, we have not shied away from voicing our frustrations regarding the vendor’s under-achievements. Now V-Nova is proclaiming how P+ will transform the codec landscape by providing operators with a way to deploy better video quality with lower encoding costs to existing and future workflows. LCEVC…