From Wikipedia
"The first generation of Blu-ray Disc movies released used MPEG-2 (the standard currently used in DVDs, although encoded at a much higher video resolution and a much higher bit rate than those used on conventional DVDs)"
Use one of these 3 Codec
MPEG-2 - enhanced for HD, also used for playback of DVDs and HDTV recordings.
MPEG-4 AVC - part of the MPEG-4 standard also known as H.264 (High Profile and Main Profile).
SMPTE VC-1 - standard based on Microsoft's Windows Media Video (WMV) technology.
"The first generation of Blu-ray Disc movies released used MPEG-2 (the standard currently used in DVDs, although encoded at a much higher video resolution and a much higher bit rate than those used on conventional DVDs)"
Use one of these 3 Codec
MPEG-2 - enhanced for HD, also used for playback of DVDs and HDTV recordings.
MPEG-4 AVC - part of the MPEG-4 standard also known as H.264 (High Profile and Main Profile).
SMPTE VC-1 - standard based on Microsoft's Windows Media Video (WMV) technology.