When I ask AI it says it does.
"MPEG-4 (like H.264/AVC) is a versatile, efficient codec (compression technology) excellent for streaming (like MP4 files), but standard Blu-ray (and especially 4K UHD Blu-ray) is a physical format that uses even more advanced codecs (MPEG-4 AVC, HEVC/H.265) with massively higher bitrates, delivering superior, near-lossless video and lossless audio that beats typical streaming/MP4 quality for ultimate home viewing. So, MPEG-4 is great for portability and streaming, but Blu-ray offers peak quality due to higher data capacity and better audio/visual specs"