M4B is an audio filename extension for AAC format, which is developed by Apple Inc. It is mainly used on podcast and audiobook files. Typically, M4B files contain audio and other metadata like images, hyperlinks, and chapter markers. M4B files are DRM copy-protected and can be opened on Apple iTunes and QuickTime Player.
MKA is a free Matroska Multimedia Container format that can store multiple audio, video, image, and subtitle tracks. It’s used to save typical multimedia content such as TV shows and movies and comes with a .mkv for video files. When used on audio files, it features a .mka filename extension, .mks for subtitles, and .mk3d for stereoscopic video files.