Convert mpeg-2 to ptiff

What is the difference between .mpeg-2 and .ptiff?

Description: Video file encoded with the MPEG-2 codec, which is mainly used for over-the-air, satellite, and cable digital TV signals and DVD video; uses lossy compression for audio and video to significantly reduce the size of the video data; not as efficient as the H.264 format.; Ptiff is a type of image file that is created by compressing a TIFF (Tagged Image File Format) image using a wavelet-based encoding, known as pyramidal encoding. This type of file can store both lossy and lossless compressed images and is often used for storing large-scale images such as aerial photographs or medical images.