MTS is a filename extension for an Advanced Video Coding High Definition (AVCHD) video file. It contains a .mts filename extension and contains a HD MPEG video captured using certaing camcorder models like JVC, Sony, Canon, and Sanyo. It can support up to 1080i x 720p HD videos and can open on multiple software.
Roxio Creator NXT Pro 7 Blender VLC Media Player Apple Final Cut Pro X
MXF (Materia Exchange Format) is an audiovisual container format developed by SMPTE. It contains full metadata and timecode support and is considered as the future standard for audio and video applications. Theoretically, MXF can streamline data between different platforms, like servers and digital cameras.
Adobe Premier Pro 2020 VLC Media Player Avid Media Compressor Apple QuickTime Player
SMPTE (Society of Motion Pictures and Television Engineers)