FFmpeg
graphicsA leading multimedia framework for decoding, encoding, transcoding, muxing, and streaming audio and video.
Pronunciation
Correct
F-F-mpeg
/ɛf ɛf ˈɛmpɛɡ/
The two 'F's stand for 'Fast Forward'; 'mpeg' is pronounced as a word. The official documentation and developer community use 'eff-eff-EM-peg'.
Source: ffmpeg.org(official spec)