MPEG
A working group of experts responsible for the development of standards for media coding and compression coding for digital audio, video, graphics, and associated file formats for various purposes. MPEG standards are used in video CDs, DVDs, MP3, Multimedia, and other formats. The working group is jointly created by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
More: Moving Picture Experts Group