The MP3 upended the way the world receives and hears music, for better and for worse. Now it’s dead.
22 years later, the MP3 truly is dead, according to the people who invented it. The Fraunhofer Institute for Integrated Circuits, a division of the state-funded German research institution that bankrolled the MP3’s development in the late ’80s, recently announced that its “licensing program for certain MP3 related patents and software of Technicolor and Fraunhofer IIS has been terminated.”
Bernhard Grill, director of that Fraunhofer division and one of the principals in the development of the MP3, told NPR over email that another audio format, AAC — or “Advanced Audio Coding,” which his organization also helped create — is now the “de facto standard for music download and videos on mobile phones.” He said AAC is “more efficient than MP3 and offers a lot more functionality.”
Source: The MP3 Is Officially Dead, According To Its Creators : The Record : NPR