M4P (MPEG-4 Protected) is a digital audio file extension for the AAC (Advanced Audio Codec) container format. It uses lossy compression and is an audio-only file. In most cases, M4P files are purchased on Apple iTunes, which means they are DRM-protected. M4A is the unprotected version of M4P.
MKV is a container format for holding multiple audio, video, picture, and text data such as subtitle tracks. It is similar to other common containers like MP4 and AVI, although MKV is open in the specification. For video contents, MKV uses a .mkv filename extension, .mka for audios, and .mks for subtitles.
MPC-HC, KMPlayer VLC Media Player MKV File Player MPV