With lots of advantages, it has been widely used for a long time. Many media players can be used to watch videos that are stored in WMV format. WMV file can download and play at the same time, making it the most popular and famous file format. As a distinguished multimedia container, WMV can compress large files into small ones fast without losing quality. WMV files usually contain audio information and video content. WMV, short for Windows Media Audio, is a compressed video format invented by Microsoft and a part of Windows media framework. 5 Top Alternatives to Play WMV Files on Mac (Free Included).The Quickest Way to Play a WMV File on Mac.