MPEG-3
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MPEG-3 is the designation for a group of audio and video coding standards agreed upon by MPEG (Moving Picture Experts Group). MPEG-3 was designed to handle HDTV signals in the range of 20 to 40 Mbit/s.
It was soon discovered that similar results could be obtained through slight modifications to the MPEG-2 standard. Thus, HDTV was included as a separate profile in the MPEG-2 standard and shortly thereafter, work on MPEG-3 was discontinued.
MPEG-3 should not be confused with MPEG-1 Audio Layer 3, commonly referred to as MP3.
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