It is an evolution from the DCT-based video codec defined in MPEG-2 (aka 13818-2). It is widely seen as an alternative to the evolutionary MPEG video codec H.264 aka AVC aka MPEG-4 Part 10.
Example Usage of VC-1
mipreterotti: @nat_y_ me matam tbm..o Adam me mata! haha *Joseph preciso de vc!* +1
marconejr: eu sou um idiota. +1 vez q eu pago de trouxa pra vc. +1 ponto pra vc. bgs.