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MP4 (MPEG-4 Part 14) is a widely used multimedia container format for video and audio. It supports high-quality video with relatively small file sizes, making it the standard for video streaming, downloads, and mobile playback. MP4 also supports subtitles, images, and metadata. It is compatible with nearly all devices and platforms. MP4’s balance of quality and compression has made it the most popular format for digital video distribution globally.

WMA (Windows Media Audio) is a proprietary audio format developed by Microsoft. It was created to compete with MP3 and RealAudio and offers better quality at lower bitrates. WMA supports both lossy and lossless compression, making it versatile for music, streaming, and audio archiving. Though mostly used in Windows-based systems, it is supported by several media players. Due to its proprietary nature, its use has declined in favor of open or more universal formats like MP3 and AAC.