Craig, MTV format uses no compression so file sizes are generally very large. I found this which may help in reducing the size of your files to save disk space on your player. Where the screen size 96x96 is substitute your players screen size instead.
1)Get virtual dub, make sure you have all the latest codecs.
The first thing to do to reduce a big amount of MB by resizing your complete movie to the players out put size, in my case my player has a 96x96 video output size.
So open your movie in virtual dub and add a resize filter , type your size,(96x96).
Set the compression, use divx 6 and set the template profile to “portable”, set the bitrate to 256 (you can play with this setting see best results v/s size).
Now set the audio compression to mpeg 3 layer and select 56kb/s , 22500 hz, stereo(this doesn’t reduce much size, keep best audio compression).
Ok now save your new file (save as) and let it work a while.
You’ll get a file 3 times smaller than the original,i reduced 356 mb to 96 mb. This way.
Now when all is done convert to mpx or mtv depending on your player.
I get exactly the same quality in my player.
From the old big file v/s the new size reduced one.
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