ProRes remains a living codec and proof of that came out two days ago when Apple announced ProRes XQ - an ever higher quality variant
By RedShark's Matt Gregory
We've written about that here (in our article about the announcement of XQ and ARRI's adoption of it) and here, where we talk about the reasons for using ProRes and Avid's functional equivalent to it, DNxHD.Helpfully, Apple has released a new white paper which goes through the whole family of codecs, putting them in order, in relation to each other. It's worth a look if you've ever struggled with the different levels of this popular codec.
This link to Apple's white paper will take you to a PDF document.