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Download Winavi or Vidomi video converters and change the settings for the bitrate to get the size and quality you'd like. Vidomi is free ware. Winavi costs money. But like most programs you can find a cracked version on the web through almost any bitorrent tracking site.
Answer this Question: "How can I compress a movie file without changing it?"
How can I compress a movie file without changing it?
How can I compress a movie file without changing it?