Not Possible with ANY current WDTV Media Player
http://community.wd.com/t5/WD-TV-Ideas/Update-H-265-for-the-WD-TV/idi-p/864112
http://community.wd.com/t5/WD-TV-Live-Streaming/New-Codec-Supports/m-p/799631#M33330
Remember this is a User-to-User Community Forum … No-one from WD is post here to say what they are planning (or not planning)