WebM actually has two versions. The first and currently most supported uses VP8 for video and Vorbis for audio. The second version has VP9 for video and Opus for audio, but is only supported by Chrome/Chromium and Firefox as of the past year. The WebM plugin for Internet Explorer (http://www.webmproject.org/ie) hasn't been updated to the version 2 spec yet which is unfortunate.

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