H.264 is a video compression standard used for HD videos. In fact, it’s the most widely-used video codec today. As such, this codec can be incorporated into several container formats like MP4, 3GP, MOV, FLV, and others. Most of the time, it’s encoded with the Advanced Audio Coding (AAC) codec.
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AC3 is an audio format designed by Dolby Digital to offer surround sound listening. This format is available on most Blu-ray and DVD media files and is played using a Dolby Digital DVD Player. Interestingly, AC3 can be output in up to six speakers of a home stereo system. On a computer, AC3 can be opened on VLC Media Player, Apple QuickTime Player, and Windows Media Player.
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