In the last Google Chrome OS Dev Update, Widevine Content Decryption Module is now present for all Chrome Devices (not only ARM).

But what is that exactly?
It's a module which enables Widevine licenses for playback of HTML audio/video content.

How?
Thanks to the new HTML5 Encrypted Media Extensions aka EME: a set of APIs designed to control playback of protected content.

You scare me here Francois.
I know and I'm sorry. At first, it looks like DRM - yes I said it. And in a way, it is... but not really. Let me explain. 
This HTML5 new feature is actually not "the" DRM module.  Big media companies won't stop asking for encryption to broadcast their videos. We know that. So, in order to have a seamless web experience (I mean no plug-in here), EME has been created to provide a unique way to interact with protected content.

If you want to know more about it, I'd recommend you read the not-that-long spec at https://dvcs.w3.org/hg/html-media/raw-file/tip/encrypted-media/encrypted-media.html

For information, Netflix already uses EME for their HTML5 videos.

Source: http://codereview.chromium.org/12387035/
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