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Video Compression Tutorial MPEG stands for the Moving Picture Experts Group. MPEG is an ISO/IEC working group, established in 1988 to develop standards for digital audio and video formats. There are five MPEG standards being used or in development. MPEG-1 Designed for up to 1.5 Mbit/sec Standard for the compression of moving pictures and audio. JPEG stands for Joint Photographic Experts Group. DV is a high-resolution digital video format used with video cameras and camcorders. The Secret Formula For Successful Movies How do you create a successful movie? You start with a lonely orphan and build from there. Check out this entertaining graphic to see how to get from orphanhood to happily ever after. Who knew there was such a similarity between The Lion King and Star Wars? Jason Fitzpatrick is warranty-voiding DIYer and all around geek.