The MPEG video file is a large file that can take up a large amount of hard drive space. If you have a full library of MPEG files you can quickly need additional storage for your system. However, it is possible to compress the MPEG (MPG) file into a smaller, Windows Media Video (WMV). WMV files are roughly a third of the size of the standard MPEG video format.
Step 1
Launch Windows Movie Maker (click "Start," "All Programs," then choose "Windows Movie Maker").
Video of the Day
Step 2
Select "File," "Import" and choose the MPEG video file you want to compress, followed by clicking "OK."
Step 3
Click-and-drag the video file down to the timeline once it appears in the program.
Step 4
Select "File," "Save Movie File" and choose a location to save your compressed video file to. Title the file and choose "WMV" from the list of formats available to you.
Step 5
Click "Next" and your video file is converted and compressed into the smaller WMV file format.