xr100
Addicted to Fun and Learning
In an ideal world we shouldn't have these things encoded in proprietary formats - they should all be open standards and open source.
Depends on whether something of proprietary value is brought to the table or not. I think there's a good argument for Dolby Atmos in a theatrical environment. (Quality control etc., cost of Atmos processor not a problem c.f. total system cost inc. installation.) In the consumer space, a lot of attempts at "land grabs" are underway.
Of course, many "industry standards" are patent-encumbered, too.