RealNetworks plans support for MPEG-4

In a surprise announcement today, RealNetworks said it will support MPEG-4, the emerging open standard for digital video, in upcoming versions of its RealSystem iQ and RealOne media player products, according to c|net. The MPEG-4 file format is based on Apple’s QuickTime file format, as Apple has been a key supporter of the technology since its early development, and is widely considered to be the standard for solutions such as wireless streaming video and Internet distribution of full-length movies.

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