DV (Digital Video) is a file created using a digital format and saved as raw data. A DV file contains 80-byte DIFs (Digital Interface Blocks), with each block having video, audio, and metadata. DVD files use lossy compression for videos, while sounds stay uncompressed. And although it was originally meant for tape recording, DV can also save data on hard disc drives and optical discs.
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WAV, sometimes called WAV, is an audio container format developed by IBM and Microsoft and comes with a .wav filename extension. Unlike popular formats like MP3 and MP4, WAV isn’t a lossy format, so it’s bigger and less popular. WAV files can be opened on various OS platforms via software like Windows Media Player, MPlayer, VLC Media Player, and more.