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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MPEG-2 is a digital video coding format introduced in 1995 and later revised in 2013. It uses lossy video and audio data compressions and is very popular among video hardware, thanks to its low computational complexity. It is also widely used in cable and satellite broadcasting as well as writing DVDs.
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