I'm developing a commercial software that is not open source. It will use FFmpeg to export videos. The libx264 codec doesn't appear to be an option for me since I can only use LGPL for legal reasons. What is the best LGPL alternative to libx264? I'd like a codec that makes a good compromise between quality and file size as well as being supported by the majority of video players and video sharing sites such as YouTube. If I have to choose between lower quality and larger file size then I'd go with larger file size since videos can always be transcoded using other software if needed, but lossless formats such as Lagarith are still too large.
I see that libopenh264 may be an option, but is it supported by most players and video sharing websites? How does it compare to libx264 and is it LGPL?