M2T (MPEG-2 Transport Stream) is a video file format mainly used in digital video broadcasts (DVBs) and Advanced Television Systems Committee (ATSC) standards. Initially, it was developed for satellite and terrestrial broadcasts. Today, it’s common in most HD camcorders, and the video is stored in DV and MiniDV tapes. It supports resolutions of up to 1080x720.
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M4V is a digital video container format developed by Apple Inc. It is pretty similar to the popular MP4 in terms of structure, but M4V files can sometimes be DRM protected. Today, M4V is the primary video format for iTunes Store videos and can multiplex together multiple audio and video data.
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