Looking To Reduce File Size

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hello,

downloaded mpeg streamclip , told have buy flip4mac convert wmv. app can free?:apple:
 

first of all, lose quality. going 1 compressed format another; if source wmv, quite heavily compressed, , yes, compress again application uses quicktime engine need flip4mac. there free applications can try, streaming/export wizard in vlc. interface not easiest, seem guy doesn't budge in face of challenge.
 


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