MPEG immersive video (MIV) is a novel standard, enabling the compression of volumetric video content. In this chapter, we describe MIV, its tools, and its profiles. Given that MIV is a video-based solution, the texture and geometry information is coded using available 2D video codecs, which are independent of MIV. We present the performance of MIV with several state-of-the-art 2D codecs: VVC, AV1, and AVS3, highlighting that the eventual success of MIV does not depend on the market share of any particular 2D codec. However, using suitable tools for the coding of MIV texture or depth map atlases is an important requirement for efficient compression of immersive video. In this context, we present results related to screen content coding tools of VVC and show their potential for the compression of MIV atlases.