JPEG2000 has been used by many image processing applications in near real time and real-time (Digital Cinema, Broadcast). Main advantages of the codec is that it is License free (JPEG2000 PART1). The JPEG committee has stated: “It has always been a strong goal of the JPEG committee that its standards should be implementable in their baseline form without payment of royalty and license fees.[...] Agreements have been reached with over 20 large organizations holding many patents in this area to allow use of their intellectual property in connection with the standard without payment of license fees or royalties”.