Mpeg-2 or Mpeg-4

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Both. SD is all MPEG-2. HD has a handful of MPEG-2 and the rest is MPEG-4.
 
For hd, they use mpeg4 for all of the new channels. The older hd channels that are mpeg2 will likely soon be mpeg4. The sd channels will remain mpeg2 for quite a while.
 
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