"MPEG has standardized the following compression formats and ancillary standards:
MPEG-1: Initial video and audio compression standard. Later used as the standard for Video CD, and includes the popular Layer 3 (MP3) audio compression format.
MPEG-2: Transport, video and audio standards for broadcast-quality television. Used for over-the-air digital television ATSC, DVB and ISDB, digital satellite TV services like Dish Network, digital cable television signals, SVCD, and with slight modifications, as the .VOB (Video OBject) files that carry the images on DVDs.
MPEG-3: Originally designed for HDTV, but abandoned when it was realized that MPEG-2 (with extensions) was sufficient for HDTV. (not to be confused with MP3, which is MPEG-1 Audio Layer 3.)
MPEG-4: Expands MPEG-1 to support video/audio "objects", 3D content, low bitrate encoding and support for Digital Rights Management. Several new higher efficiency video standards (newer than MPEG-2 Video) are included (an alternative to MPEG-2 Video), notably:
MPEG-4 Part 2 (or Advanced Simple Profile) and
MPEG-4 Part 10 (or Advanced Video Coding or H.264). MPEG-4 Part 10 may be used on HD DVD and Blu-ray discs, along with VC-1 and MPEG-2."