What are lossy compression algorithms?
Lossy compression algorithms are techniques that reduce file size by discarding the less important information. Nobody likes losing information, but some types of files are so large that there's just not enough space to keep all the original data, plus we didn't need all that data in the first place.
What is lossy compression in multimedia?
In information technology, lossy compression or irreversible compression is the class of data compression methods that uses inexact approximations and partial data discarding to represent the content. These techniques are used to reduce data size for storing, handling, and transmitting content.