MPG or MPEG ( standing for Moving Picture Experts Group ) is a common name of a family of standards for coding audio, video, text and graphical information (e.g. movies, video, music), within a single synchronized data stream.
Due to its very sophisticated compression techniques, MPEG has a major advantage compared to other video and audio formats with a smaller file size and identical quality.
The original MPEG standard is now referred to as mpeg-1. This video standard is aimed at small-scale systems using CD-ROM storage and small, lower resolution displays.
The next phase in the MPEG technology, the MPEG-2 standard is a form of digital audio and video designed for the television industry. It consolidates and unifies the needs of cable, satellite, TV broadcasts, as well as, computing, optical storage, VCR, CD-I, HDTV, and blue-laser CD-ROM systems.
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