I found a great article all about Video formats and everything you need to know, certainly worth a read!

upon time, video codecs and formats were really only the concern of AV
nerds, anime freaks and hardcore not-so-legal movie downloaders. Now,
even the most part-time of geeks has to deal with them, whether they’re
trying to stream a flick across their house with an Apple TV, dump some
video onto their phone or just trying to grab last night’s episode of Dexter
because they, uh, forgot to renew their Showtime subscription. It’s
messy and annoying, but we’re here to clean it up. Take a deep breath.

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