[theora] WebM killed Theora project?

[vectorsigma]

Hi,

I'm little newbie, but it seems to me that coming of WebM project makes quite useless the developing of theora codec.

I mean, the aim of theora is to provide a good, free of patents codec for streaming compression for the new coming HTML5 video tag. 

Now there is this WebM supported by google, intel, firefox and mozilla that promises to do exactly the same thing.

So, tell me, please, why the world still needs theora?

thanks for answer

ale

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