Libmpeg3 is a versatile and high-performance library capable of decoding both audio and video from many different mpeg formats.

libmpeg3 decodes several mpeg standards into uncompressed data suitable for editing and playback. it currently decodes:

- mpeg-2 video
- mpeg-1 video
- mp3 audio
- mp2 audio
- ac3 audio
- mpeg-2 transport streams
- mpeg-2 program streams
- mpeg-1 program streams
- ifo files