While recent video deblurring methods have advanced significantly, they often overlook two valuable prior information: (1) motion vectors (MVs) and coding residuals (CRs) from video codecs, which provide efficient inter-frame alignment cues, and (2) the rich real-world knowledge embedded in pre-trained diffusion generative models. We present CPGDNet, a novel two-stage framework that effectively leverages both coding priors and generative diffusion priors for high-quality deblurring. First, our coding-prior feature propagation (CPFP) module utilizes MVs for efficient frame alignment and CRs to generate attention masks, addressing motion inaccuracies and texture variations. Second, a coding-prior controlled generation (CPC) module network integrates coding priors into a pretrained diffusion model, guiding it to enhance critical regions and synthesize realistic details. Experiments demonstrate our method achieves state-of-the-art perceptual quality with up to 30% improvement in IQA metrics. Both the code and the codingprior-augmented dataset will be open-sourced.