History
In 2003, Microsoft drafted a video codec specification based on its WMV 9 codec and submitted it to SMPTE for standardization. The standard was officially approved in March 2006 as SMPTE 421M, better known as VC-1, thus making the WMV 9 format an open standard. Since then, VC-1 has become one of the three mandatory video formats for the Blu-ray format, along with H.264 and MPEG-2.
Read more about this topic: Windows Media Video
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