Is there a free tool that converts mpeg videos to about half or more of it's original size? I looked under mpeg tools, but I couldn't find what I was looking for.
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Or use a mpg encoder and reencode and LOWER the video bitrate.
https://www.videohelp.com/tools?s=40#40 -
Drop res, maybe.
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Rejig, and this guide.
Don't know if it works with MPEG-1 though ....If in doubt, Google it. -
MPEG-2 only since it is based on M2VRequantiser which in turn is based on libmpeg2 and mpeg2enc. Also I wouldn't recommend it for 50% compression.
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