What is the latest version of MPEG?
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MPEG-4
MPEG-4 is one of the latest video/audio compression method standardized by MPEG group, designed specially for low-bandwidth (less than 1.5MBit/sec bitrate) video/audio encoding purposes. MPEG-4 is designed to deliver DVD-quality video (MPEG-2) at lower data rates and smaller file sizes.
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The latest version of MPEG is MPEG 4.
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