I'd like to reach some sort of definitive answer for the following questions:
ffprobe
?Some links I've found on the subject:
Also, transparent alpha layers, an optional part of the H.264 specification, are now supported in H.264-based QuickTime movies.
The support for alpha channel in the H.264 decoder is now available in Intel® Integrated Performance Primitives 6.0 version.
The MPEG4 Simple Studio Profile supports auxiliary channels, which could be used for alpha or depth -- and presumably even displacement, motion vectors, normals, etc.
However, I've never seen a concrete example, or indeed any details on how you use these announced features.
The short answer is that h.264 does not support an alpha channel since no decoder/encoder support the functionality. See this creativecow forum post for more info. While an alpha channel does not work in the h.264 video itself, it is possible to use 2 different h.264 videos to get the same effect. See my post to the creativecow forum for more info.