WMV is a common video file format developed by Microsoft and designed to store or transfer video data. It takes its name from the abbreviation of the name of the Windows Media Video technology itself, with which the file is encoded. Codecs for WMV format are installed automatically along with any version of the Windows operating system. Playing WMV files is possible on almost any media player. Such files may contain both Windows Media Video video data and Windows Media Audio audio data. The format also supports the use of DRM protections to prevent copying.
WAV (or WAVE) is actually the first full-fledged audio format with good sound quality. It was developed quite a few years ago by the joint efforts of Microsoft and IBM. Sometimes this format is even called “Audio for Windows,” because it is the standard for storing audio stream for a traditional Windows desktop computer. Full name - Wave Audio File Format. The short name is derived from the English word wave ("wave"). The peculiarity of this format of digitized audio stream is the lack of compression. WAV files take up too much space, but it is ideal for storing high quality files in their original form.