MPEG-4 is an ISO/IEC standard being developed by MPEG (Moving Picture Experts Group), the committee which also developed the Emmy Award winning standards known as MPEG-1 and MPEG-2. These standards made interactive video on CD-ROM and Digital Television possible. MPEG-4 will be the result of another international effort involving hundreds of researchers and engineers from all over the world. MPEG-4, whose formal ISO/IEC designation will be ISO/IEC 14496, is to be released in November 1998 and will be an International Standard in January 1999.
MPEG-4 is building on the proven success of three fields: digital television, interactive graphics applications (synthetic content) and the World Wide Web (distribution of and access to content) and will provide the standardized technological elements enabling the integration of the production, distribution and content access paradigms of the three fields.