MPEG Video Compressor
MPEG Video Compressor is a multifunctional video compressor tool for MPEG videos, supporting MPEG-1, MPEG-2, and MPEG-4 videos. It can function as MPEG-1 compressor, best MPEG-2 converter encoder compressor, and MPEG 4 compressor.
MPEG-1 video (*.mpg, *.mpeg, *.dat file), MPEG-2 video (*.mpeg, *.vob, *.ts file), MPEG-4 video (*.mp4 file) are all perfectly supported by this MPEG Video Compressor, you can compress these videos to reduce the file size, compress other videos to MPEG files, and edit videos before compression.
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You can easily adjust output video quality with MPEG Video compressor, pro users can also customize the video and audio encoding settings. Furthermore, this MPEG compressor provides a handy Bitrate Calculator tool to compress video to specified file size.
This version is for Windows XP and Vista. If you are Mac users, please click here.
How to compress MPEG video?
Free download MPEG Video compressor, install and launch it.

Step 1. Add File
Click
button to input MPEG videos.
Step 2. Set output format
Open Profile drop-down list and choose the output format as you want. Almost all video formats are supported, and it can directly output videos for playback on various devices.
Step 3. Adjust compression settings
Besides choosing different video formats, adjusting video quality can also help you compress videos to different file size.
1) For beginners
MPEG Video compressor provides optimized profiles for beginners to easily choose the output quality. You just need to open Video Quality drop-down list on the right panel and choose a profile, it will auto-choose proper settings.

2) For pros
Pro users can manually adjust the video and audio encoding settings like Video Size, Bitrate, Frame Rate, Sample Rate, Zoom mode, etc. on the Advanced Profile Settings panel. (You can click Profile Settings button on the upper right to open it.)

3) Use Bitrate Calculator
There is a handy Bitrate Calculator tool provided to enable you to input file size value, and compress video to designated file size. It is available in Video Quality drop-down list and Tools menu.

Step 4. Compress Video
Click
button on the tool bar to start the compression.
Tip: Before you start compressing videos, you can choose a file and use the buttons on the tool bar, like Trim, Effect, Merge to edit videos as you like.
MPEG Video Compressor can help you accomplish lots of video converting and compression tasks, such as compress AVI videos to MPEG-2 video for burning movie DVD and playback on any DVD player, compress the DAT video from Video CD to FLV videos for uploading to YouTube, compress movie DVD .vob files to MP4 videos playable on iPod, PSP, compress MPEG-2 ts videos recorded by camcorders to MP4 videos for storage on computer, and so on.