M2TS (MPEG-2 Transport Stream) is a Blu-ray BDAV container format that uses MPEG-2 transport stream and comes with a .m2ts filename extension. It can manipulate audio, video, and other metadata such as disc menu and subtitles. At a bare minimum, any Blu-ray player should play M2TS files easily.
Xvid is a cross-platform video codec for compressing video files. It can compress a video file at a more than 200:1 ratio. This, in return, makes it easier and quicker to transmit video files over the internet. Also, compressed videos take up less storage space. It compresses data using the MPEG-4 standard.
Roxio Toast 18 Eltima Elmedia Player Windows Media Player (Xvid codec) Apple QuickTime Player (Xvid codec)