H.264, short for H.264/MPEG-4 AVC, is a standard for video compression and is poised to become the next standard for format of convergence in the digital video industry now supported by Google / YouTube, Adobe, and Apple iTunes. It contains a number of features that enable it to compress video much more effectively than previous standards, and provides more flexibility for applications across a wide variety of network environments from low bit-rate Internet streaming to HDTV broadcast and Digital Cinema applications with nearly lossless coding.
Audio Video Interleave, known as AVI, is a multimedia container format created by Microsoft in 1992. AVI files contain both audio and video data and support synchronous audio-with-video playback. An AVI container can support virtually any compression scheme including Full Frame (uncompressed), Intel Real Time (Indeo), Cinepak, Motion JPEG, Real Video, MPEG-4 and others.
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