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A video watermarking algorithm, in which watermark embedding and detection process are carried out during the MPEG-2 coding process is proposed. The watermark signal is embedded in the DCT coefficients of blue channel of I-frames and P-frames. The embedding energy is computed adaptively using perceptual information of the I-frames and the P-frames, and motion vectors information in the P-frame. Computer simulation results show the watermark imperceptibility, obtaining a PSNR greater than 45 dB and maintaining its robustness to common signal distortions such as contamination by noise, cropping, frame dropping, frame swapping and frame averaging, among others. The proposed algorithm has very little influence on the MPEG decoding speed. [ABSTRACT FROM AUTHOR]