A team formed in 2017 to develop the successor to HEVC/H.265. It's called Versatile Video Coding (VVC).
Basic info: https://en.wikipedia.org/wiki/Versatile_Video_Coding
The development team: https://www.itu.int/en/ITU-T/studygr...ideo/jvet.aspx
MPEG issued a Call for Proposals in January: https://mpeg.chiariglione.org/standa...ion-capability