As part of a project to create a non-DRM fixed media standard for high-definition video releases, Terry Hancock has launched a Kickstarter campaign which will produce two Lib-Ray video titles and player software to support them ("Sita Sings the Blues" and the "Blender Open Movie Collection").
More details can be found on the Kickstarter page.
Unlike Blu-Ray, Lib-Ray releases do not support DRM, encryption, or region-coding options, and are intended for worldwide release. Thus the standard is designed with a highly-adaptable localization scheme, providing many more subtitles than are typically available on Blu-Ray or DVD regional releases.
We hope that Lib-Ray will become a viable niche standard for free-culture and independent filmmakers to use for wider distribution of their films in high-definition format without the hassle, cost, and ethical issues surrounding proprietary DRM video standards.