Both Xbox 360 and PS3 support a variety of video codecs and are capable of playing high-definition video files. One of the most popular formats for HD video files is Matroska (MKV), which provides excellent video quality, relatively small size, multiple audio tracks and many other cool features. Unfortunately, neither Xbox 360 nor PS3 currently support MKV format...
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Encoding Videos for XBox 360 and PS3
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