Light field (LF) acquisition technologies capture the spatial and angular information present in scenes. The angular information paves the way for various post-processing applications such as scene reconstruction, refocusing, and synthetic aperture. The light field is usually captured by a single plenoptic camera or by multiple traditional cameras. The former captures a dense LF, while the latter captures a sparse LF. This paper presents a generic compression scheme that efficiently compresses both densely and sparsely sampled LFs. A plenoptic image is converted into sub-aperture images, and each sub-aperture image is interpreted as a frame of a multiview sequence. In comparison, each view of the multi-camera system is treated as a frame of a multi-view sequence. The multi-view extension of high efficiency video coding (MVHEVC) is used to encode the pseudo multi-view sequence.This paper proposes an adaptive prediction and rate allocation scheme that efficiently compresses LF data irrespective of the acquisition technology used.