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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TS (Transport Stream) is a digital video format for saving video data on a DVD. It uses MPEG-2 compression on its video data, and the files come with a VIDE0_TS directory. TS files are straightforward on most computer video editing programs and media players.
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