HD-AAC by Fraunhofer IIS – New MPEG Audio Codec makes CD collections obsolete
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The HD-AAC encoding process preserves every bit of information contained in the uncompressed original music track while offering state-of-the-art lossless compression rates, comparable or superior to other lossless formats. Due to its AAC-LC core layer, an HD-AAC file can be directly played on existing music players and millions of mobile phones. For decoding of the fully lossless signal, upcoming devices will be equipped with an HD-AAC decoder.
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The next big audio codec adopted by the masses? It's about time digital music downloads went lossless.