The document provides an overview of digital media basics including digitization, compression, representation, and standards. It discusses signal digitization through pulse code modulation and sampling. It also covers quantization, digitization examples, and lossless versus lossy compression. Specific compression techniques covered include transform coding, variable rate coding, predictive coding, and entropy coding like Huffman coding. The document also discusses psychoacoustic modeling and perceptual coding. It provides examples of speech, audio, image and video compression standards and techniques.