RM (Real Media) is a multimedia format developed by RealNetworks. It features a .rm filename extension and is typically multiplexed with RealAudio and RealVideo when streaming content online. The stream is usually in constant bitrate (CBR), although a file container for variable bitrate (VBR) is now available, called Real Media Variable Bitrate (RMVB).
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M4R is a filename extension for AAC format, which is developed by Apple Inc. It is typically used to save custom iPhone ringtones from Apple iTunes. M4R can only be created from iTunes purchased songs and is usually DRM protected. It can open on iTunes, VLC Media Player, Apple QuickTime Player, and more.