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Digital Video (DV) is a video format launched in 1996, and, in its smaller tape form factor MiniDV, has since become one of the standards for consumer and semiprofessional video production. The DV specification (originally known as the Blue Book, current official name IEC 61834) defines both the codec and the tape format. Features include intraframe compression for uncomplicated editing, a standard interface for transfer to non-linear editing systems (FireWire also known as IEEE 1394), and good video quality, especially compared to earlier consumer analog formats such as 8 mm, Hi-8 and VHS-C. DV now enables filmmakers to produce movies inexpensively, associated with no-budget cinema.

There have been some variants on the DV standard, most notably Sony's DVCAM and Panasonic's DVCPRO formats targeted at professional use. Sony's consumer Digital8 format is another variant, which is similar to DV but recorded on Hi8 tape. Other formats such as DVCPRO50 and D-5 (HD) utilize DV25 encoders run in parallel.

A high-definition version of DV has also been developed, called HDV. It differs significantly on a technical level since it only uses the DV and MiniDV tape form factor, but MPEG-2 for compression. MPEG-2's use of inter-frame compression allows more efficient compression, allowing higher resolutions at roughly the same quality (in terms of compression artifacts).

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