What is "mpeg-4"

MPEG-4 is a method of defining compression of audio and visual (AV) digital data. It was introduced in late 1998 and designated a standard for a group of audio and video coding formats and related technology agreed upon by the ISO/ IEC Moving Picture Experts Group (MPEG) ( ISO/IEC JTC1/SC29/WG11) under the formal standard ISO/IEC 14496 – Coding of audio-visual objects. Uses of MPEG-4 include compression of AV data for web ( streaming media) and CD distribution, voice ( telephone, videophone) and broadcast television applications.