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Re:Introducing the ‘mozjpeg’ Project by pornel on Wednesday March 05, 2014 @04:57PM (#7350239)
It's been 4 years already, and there's little adoption. It might take a decade before (if) WebP is as widely deployed and easily usable as JPEG.

According to Google it's about 30% smaller than JPEG: https://developers.google.com/speed/webp/docs/webp_study

It's a massive effort to switch entire industry to a new format for a 30% gain. With a drop-in replacement of libjpeg you can get 10% gain right now.

Also WebP is based on 2006 VP8, which is obsolete now. Chrome ships with VP9 that's further 26% smaller on keyframes.

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