Our joint work on rate-distortion theory for caching just got published in the IEEE Transactions on Information Theory (it's also available on arXiv, of course; there's also an older post). Thanks Roy, Shirin, and Michele for letting me be a part of this!
In this paper, we consider a lossy single-user caching problem with correlated sources -- just think of streaming compressed videos! Most users will watch these videos in the evening, leading to network congestion. If you have a player with a cache, though, you can fill this cache with data during times of low network usage, even though you may not know which video the user wants to watch in the evening. In our paper, we characterize the transmission rate required in the evening as a function of the cache size and as a function of the distortion one accepts when watching the videos. We furthermore hint at what should be put in the cache such that it is useful for a variety of videos, and we connect these results to the common-information measures proposed by Wyner, Gacs and Koerner.