MP3 is the format that taught music to travel: small, scrappy, and welcome absolutely everywhere. It was born in 1993, Fraunhofer Institute, Germany, and its real weak spot is holding fine detail at low bitrates: it stays small by quietly discarding sound.
WMA is Windows' old house band: big in the early 2000s, mostly retired now. Windows Media Audio, in several variants including a rarely-sighted lossless one. That makes it the right destination when what you need is keeping aging Windows Media software and old archives happy.