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Member since:
2005-07-06
Says who? There is certainly no format dictated as part of HTML5.
Why not? They've done their best to kill off HTML5 video in a flurry of contradictions via various interested parties. Microsoft in particular would rather you used Windows Media and Silverlight. Microsoft have belatedly committed to h.264 because the web has threatened to move on without them and define their own standards for HTML5 video.
See your statement on h.264 as a standard above.