According to a rumor mill article on CNET, Apple will announce a new version of QuickTime (v.5.1?) at the QuickTime Live! conference 11-14 February in Beverly Hills, CA.
One of the key announcements will be that QuickTime 5.1 will support MPEG-4,” said our Skinformant. “Looks like they’ll have to rely on open standards to finally realize the promise of QuickTime Interactive.