H-Online reports that Google will remove HTML5 support for the H.264 codec from Chrome

Our goal is to enable open innovation" said Google of the planned removal which will allow the company to focus exclusively on royalty free and open source based codecs. WebM and Theora video codecs will be left as the only HTML5 video codecs supported by Chrome, both of which Google consider consistent with "open web principles" because they are believed to be unencumbered by patents and require no licensing fees. The change brings Chrome in line with the open source Chromium browser project which has never supported H.264 and only implemented WebM and Theora.

  Google to pull H.264 HTML5 support from Chrome