The legality of using the MP3 format for storing music library on the website?


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Can I freely use the mp3 format for storing music on the website (the music is filled with users) and for subsequent playback online? If not, what format is most preferred?
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mp3licensing.com: However, no license is needed for private, non-commercial activities (e.g., home-entertainment, receiving broadcasts and creating a personal music library), not generating revenue or other consideration of any kind or for entities with associated annual gross revenue less than US$ 100 000.00.
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and what's the problem? the opensource lame encoder for example.
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If You're really Important to not let anyone undermine you better use ogg, flac
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