angrycoffee.com - Ogg Vorbis tutorial | home: "Ogg Vorbis isn't just a pretty name. The 'Ogg' part refers to the Ogg Project, an Open Source multimedia initiative; 'Vorbis' is the name of the actual audio compression format. Ogg Vorbis is a new audio compression format that sounds better than MP3, and, you guessed it, it's Open Source. We'll get to the significance of a freely developed audio format in a moment. For now suffice it to say that Ogg Vorbis is comparable to compression formats such as AAC, TwinVQ, PAC and MPEG-4."
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