Synology NAS and file formats

I bought a Synology 213+ and WD TV Live streaming in order to watch shows on my non-smart LCD TV.

So far, I have managed to successfully get the WDTV Live unit to play media files from a memory stick attached to the front USB port.

I now plan to rip my DVDs to the NAS but is there a “best” file format to use?

Will I need to downgrade blu-ray films or can the WD TV Live handle the video files?

Is it best to try to get the two talking through the router? Or should I use a USB cable and connect the drive directly to the Live unit?

Hello,

Will I need to downgrade blu-ray films or can the WD TV Live handle the video files?

Check on page 208 to see the list of supported files by this media player

http://www.wdc.com/wdproducts/library/UM/ENG/4779-705062.pdf