RAM (Real Audio Media) is a flexible audio format developed by RealNetworks in 1995. Initially, it was intended to stream audio/video clips over the internet. It is designed in a way that users can listen to content while the file is still downloading. Today, many radio stations use it to broadcast content online.
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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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