It has a simple and logical structure.In short, WAV accurately reproduces the recording without the loss of audio quality due to the format itself. Lossless audio files are either uncompressed or compressed using techniques that won't lead to any loss of data. As an older format than MP3, WAV has a few benefits in terms of professional, high fidelity recording applications. It was jointly developed by Microsoft and IBM in 1991 and was originally used for Windows 3.1. WAV (Waveform) is one of the major file standard formats for digital audio. Why Need to Convert YouTube to WAV on Mac?