The Alliance for Open Media released the AV2 v1.0 specification and AVM reference software at av2.aomedia.org, defining syntax, semantics, and decoding processes for compression gains over AV1. AV2 adds AR/VR tools, screen-content modes, and split-screen support per sections 5-9 of the PDF. The source lists Additional Tables as C headers and a syntax browser for implementers. AOMedia AV1 adoption data shows deployment by YouTube and Netflix since 2018, establishing decoder baselines that AV2 extends. ITU-T H.266 VVC reference software reports indicate comparable efficiency targets with higher decoder complexity, a metric absent from the AV2 document. Hardware timelines for AV2 remain unspecified in the v1.0 release, unlike VVC profiles published with explicit conformance points.