MP4

MPEG-4 Part 14, formally ISO/IEC 14496-14:2003, is a multimedia container format standard specified as a part of MPEG-4. It is most commonly used to store digital audio and digital video streams, especially those defined by MPEG, but can also be used to store other data such as subtitles and still images. Like most modern container formats, MPEG-4 Part 14 allows streaming over the Internet. The official filename extension for MPEG-4 Part 14 files is .mp4, thus the container format is often referred to simply as MP4.(refer from http://en.wikipedia.org/wiki/Mp4)