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The bottom line Large WAV files can be easily turned into lightweight MP3 files. You just need to find the most reliable tool for that. If your priority is speed, quality, and convenience, you should ...
Audio files come in a number of different formats, and there are times you might want to convert audio from one format to another. Kirk McElhearn explains how it's done.
Audio and video OS X Lion An operating system? Yes. Among Lion’s new features is an Automator trick that allows you to easily convert compatible media files right from the Desktop.
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How To Convert Video To MP3

There is a simple way and free way to convert video to MP3. You can do this with MP4 videos, MOV, and other video formats.