Understanding MPEG-4: Technologies, Advantages, and Markets An MPEGIF White Paper

MPEG-4: The Unified Framework of High-Performance,
Open International Standards Enabling New Services and
Greater Quality for Video, Audio, and Multimedia
Building on the enormous success of the MPEG-1 and MPEG-2
standards, MPEG-4 offers new audio and video codecs with twice
the performance of MPEG-2, enabling new services ranging from
HDTV satellite broadcasting to mobile video and games on
handheld devices.
In addition to excellent audio and video codecs, MPEG-4 offers a
comprehensive unifying framework of tools to combine them with
2D and 3D graphics, animation, text, and other objects in interactive
rich media experiences.