Netflix has joined the Academy Software Foundation (ASWF) and will begin contributing to the OpenTimelineIO (OTIO) project originally created by Pixar, the ASWF said today. OTIO is an open-source API and interchange format for collaboration between story, editorial and production departments, making it easier to track changes in shot length, notify collaborators when shots are added or removed, and conform new renders into a cut. (Source: Studio Daily)