FLV (Flash Video) is a video container format developed by Adobe Systems and comes with a .flv filename format. FLV is primarily used to stream audio, video, and text data such as subtitles. It supports MPEG-4 Part 10 (H.264) video codec and AAC sound.
RealPlayer, Apple QuicTime Player
VLC Media Player
MPEG-1 is a compression and encoding system defined by MPEG (Moving Pictures Experts Group). It creates multiple frame sequences of I, B, and P, with the I frame containing all picture data. The B and P frames only store information about the changes on the last I frame. Typically, MPEG-1 uses 1.2 Mbps data rate, which is the speed rate of CD-ROM.