TIFF, http://en.wikipedia.org/wiki/Tagged_Image_File_Format has been around since 1993. It supports layers. It supports compression. It supports paged(!) images. It has well-defined supported image encoding formats. It's already supported by all the image editing software you've ever used (from this millennia). We have a Standard Layered Image Format. HURRAY. NEXT PROBLEM, PLEASE.
I thought we already had this in MPEG-4.