MPG, sometimes called MPEG, is a video file format popular for distributing content over the internet. It is the sister format to MP4 and MP3 because they share the same developer – Moving Picture Expert Group. MPG format uses either MPEG-2 or MPEG-1 compression, depending on the circumstance. Opening it is usually easy on any OS platform.
Windows Media Player, VLC Media Player Apple QuickTime Player, Cyberlink PowerDVD 17
WAV, sometimes called WAV, is an audio container format developed by IBM and Microsoft and comes with a .wav filename extension. Unlike popular formats like MP3 and MP4, WAV isn’t a lossy format, so it’s bigger and less popular. WAV files can be opened on various OS platforms via software like Windows Media Player, MPlayer, VLC Media Player, and more.