The Society of Motion Picture and Television Engineers (SMPTE), the worldwide leader in motion-imaging standards and education for the communications, media, entertainment, and technology industries, today announced the formation of the Joint Task Force on Networked Media (JT-NM) in collaboration with the European Broadcasting Union (EBU) and Video Services Forum (VSF). The JT-NM will engage manufacturers, broadcasters, industry standards bodies, and trade associations to map out a strategy for developing a packet-based network infrastructure for the creation, storage, transfer, and streaming of professional media.