Advanced Audio Coding
Format
>
Advanced Audio Coding is an audio coding standard for lossy digital audio compression. It was designed to be the successor of the MP3 format and generally achieves higher sound quality than MP3 at the same bit rate.
AAC has been standardized by... Wikipedia
Developed by: Bell, Fraunhofer, Dolby, Sony, Nokia, LG Electronics, NEC, NTT Docomo, Panasonic
Initial release: December 1997; 26 years ago