The Moving Picture Experts Group (MPEG) is a working group of experts that was formed by ISO and IEC to set standards for audio and video compression and transmission. It was established in 1988 by the initiative of Hiroshi Yasuda (Nippon Telegraph and Telephone) and Leonardo Chiariglione, group Chair since its inception. The first MPEG meeting was in May 1988 in Ottawa, Canada. As of late 2005, MPEG has grown to include approximately 350 members per meeting from various industries, universities, and research institutions. MPEG's official designation is ISO/IEC JTC1/SC29 WG11 - Coding of moving pictures and audio (ISO/IEC Joint Technical Committee 1, Subcommittee 29, Working Group 11).
Read more about Moving Picture Experts Group: Overview, Sub Groups, Standards, Standardization Process
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