An August 1, 2005 invitational meeting gathered about fifty archivists and technologists involved in the long term preservation of videos and films. The meeting, "Getting to Disk-based Lossless Digital Video Compression", was hosted by the U.S. National Library of Medicine, itself much involved in moving image preservation.

Participants considered the potential of lossless, on-disk video storage in light of the "twilight of tape" as a cost-effective storage media. Other speakers reviewed current video metadata standards, and recent work in automatic extraction of metadata from video. The meeting included the first public demonstration of real-time, full-screen, mathematically-lossless video compression and decompression based on the Motion JPEG 2000 (MJ2) standard.