MPEG-1 or MPEG-2 Audio Layer III

File extension: .mp3 Developed by: Fraunhofer Institute Type of format: Digital audio MIME: audio/mpeg, audio/MPA, audio/mpa-robust
MPEG-1 or MPEG-2 Audio Layer III, more commonly referred to as MP3, is an audio coding format for digital audio which uses a form of lossy data compression. It is a common audio format for consumer audio streaming or storage, as well as a de facto standard of digital audio compression for the transfer and playback of music on most digital audio players.