This document discusses new formats for music, media, and entertainment. It provides background on Paul Jessop and his roles at various organizations. Jessop then discusses innovation in format creation and the complex delivery chain involved. Specific formats highlighted include high resolution audio, which provides better quality than CDs, and immersive audio, which uses multiple channels to create a surround sound effect. Jessop notes some services starting to offer these new formats like Tidal and Sony 360 Reality Audio.