You can consider MPG as a shortened extension from MPEG. There is not much difference between MPG and MPEG. As for MPEG formats, those we usually talk about are MPEG-1, MPEG-2, and MPEG-4.
MPEG, short for Moving Picture Experts Group, sets standards for media coding, like compression coding of video and audio data. 3 Free MPG/MPEG Player Apps on iPhone/Android Here in this post, you can find yourself a perfect MPG player that can fulfill all your demands. If you are looking for a simple video player to play the MPG/MPEG file on your computer or mobile phone, then you have come to the right place. Compared with other video formats, it offers users a much quicker speed for streaming and downloading videos online, thanks to the unique compression technology it possesses.
MPEG (or MPG) is a popular format to contain movies on the Internet.