This could radically transform post-production. As cameras get more and more data rate intensive with HDR, UHD, 4K or higher resolutions our ability to access that data quickly for realtime playback becomes an ever increasing challenge. This could provide both speed and size flexibility for post professionals.
excerpts, quips, and musings on the production and post-production industry, and other stuff of interest
Philip Hodgetts in regards to Twitch (it's like YouTube for video games):
I think this concept stretches to many different mediums now. Your Xbox, iPhone, AppleTV, Roku, traditional broadcast TV, cinema, Redbox, YouTube, Twitch, Twitter, Facebook...they are all competing for your most valuable resource - your time. We all have the same amount of hours in a week and how we chose to spend them means we're choosing one medium/format over another.
The question intensifies: Can HBO become like Netflix sooner than Netflix can become like HBO? Netflix pushed into HBO's territory with original series like House of Cards, Orange is the New Black, Hemlock Grove, Lilyhammer, and others. HBO now responds to Netflix by going direct to customers with a subscription (read: Netflix) plan.
I still wonder if they charge $15/month will they restrict access to older content, thereby giving the traditional HBO subscription through a telco some legitimacy for existence. Color me disappointed if they charge $15/month for just new releases or "some" of HBO's content.
More information regarding HBO's announcement from Re/code
The second paragraph is the key to me (I'm assuming the first paragraph to be true, that it's hard to tell HD from 4K when only resolution is changed). I'm not so concerned with higher frame rates, but better color space, bit depth, and dynamic range are areas that need some iteration. I would be more than happy with 24fps (or 30) at HD with better color, and dynamic range than the current craze of bigger resolutions that we can't actually deliver. The press to 4K seems like little more than marketing at this point to me (save for the rare benefit that you can (1) show it in its original resolution on a screen that benefits from it, (2) do pan & scan in post for mastering to HD).
For why 4K still doesn't matter in your home, see here.
I think after 2019 is a good guess for when h.265 starts to become ubiquitous (though the new iPhone 6 and 6 Plus will feature h.265 encode/decode for FaceTime, see tech specs under "Video Calling"). The software for content creators has to begin incorporating it, and then consumer devices have to incorporate a h.265 decoder processor on their devices - TV, cell phone, tablet, game console, etc. And until HEVC gains significant consumer-level device traction you can bet there will be minimal consumer-level adoption of 4K/UHD.