OGV is a digital video container format related to the encoding technology of the OGG Vorbis video. It can save multiple related video stream codecs like the DivX and Theora. It is these codecs that allow OGV files to open on varying media players.
MPLayer Classic VLC Media Player Jriver Media Center MPUI
MP4 (MPEG-4 Part 14) is a video container format based on QuickTime MOV. But unlike MOV, it adds support for other MPEG features. MP4 supports video (MPEG-4 Part 2 and MPEG-4 Part 10/H.264), audio (MP3, AAC, SLS, TTSI, and ALAC), and subtitles (MPEG-4 timed text). It’s this codec combination that gives MP4 its flexibility.
Windows Media Player VLC Media Player, Apple QuickTime Player 5KPLayer