> I just found this MediaReduce compression software
No you didn't, you work for MediaReduce I guess.
> Do people pay for file compression
Why would we when we have imagemagick, xz/zstd/tar/..., ffmpeg, etc.
> just to understand if file compression is really a big deal
According to Wikipedia, the first algorithms were created in the late 1940s and early 1950s. It's "kind of" a big deal. It's so big I'm surprised you haven't heard about it before.
No you didn't, you work for MediaReduce I guess.
> Do people pay for file compression
Why would we when we have imagemagick, xz/zstd/tar/..., ffmpeg, etc.
> just to understand if file compression is really a big deal
According to Wikipedia, the first algorithms were created in the late 1940s and early 1950s. It's "kind of" a big deal. It's so big I'm surprised you haven't heard about it before.