Container Format
A WMV file is in most circumstances encapsulated in the Advanced Systems Format (ASF) container format. The file extension .WMV typically describes ASF files that use Windows Media Video codecs. The audio codec used in conjunction with Windows Media Video is typically some version of Windows Media Audio, or in rarer cases, the deprecated Sipro ACELP.net audio codec. Microsoft recommends that ASF files containing non-Windows Media codecs use the generic .ASF file extension.
The ASF container can optionally support digital rights management using a combination of elliptic curve cryptography key exchange, DES block cipher, a custom block cipher, RC4 stream cipher and the SHA-1 hashing function.
Although WMV is generally packed into the ASF container format, it can also be put into the Matroska or AVI container format. The resulting files have the .MKV and .AVI file extensions, respectively. One common way to store WMV in an AVI file is to use the WMV 9 Video Compression Manager (VCM) codec implementation.
Read more about this topic: Windows Media Video
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