WMA is Windows' old house band: big in the early 2000s, mostly retired now. It was born in 1999, Microsoft, and its real weak spot is the modern world: Apple devices, browsers and most apps have moved on.
WEBM is video the way browsers like it: open, royalty-free and built to stream. A Matroska-based container restricted to VP8/VP9/AV1 video with Vorbis or Opus audio. That makes it the right destination when what you need is embedding on the web without licensing worries.