This paper describes a study on developing an insert and detect system of digital watermark to the MPEG-2 coder and decoder. Digital watermark inserting system substitutes a coefficient among the DCT coefficients for new one. This replacement performs in MPEG-2 PS format. Watermark detecting system analyzes the input data stream of MPEG-2 and detect the probability of occurrence of a specific code or watermarking code. Our inserting system had very high invisibility and the PSNR of the results was 130 dB around. And our detection rate of watermark was over 99% in digital format and over 85% in analog captured format according to the quality of contents.