WMV, developed by Microsoft, is a generic name of Microsoft's video encoding solutions and doesn't necessarily define the technology what it uses. In WMV7, Microsoft has used its own flavour of MPEG4 video encoding technology. You can use a .wmv file either to download and play files or to stream content.
Windows Media Video is used for both streaming and downloading content via the Internet. Microsoft's Windows Media Player, an application bundled with Windows XP operating systems, lets you playback and manage a range of audio and video file types, including, of course, WMA and WMV. View WMV to AVI/MPEG/DVD Converter.
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