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I want to convert a HD file to MPEG2 for use on my media player. My file is a .m2ts using VC-1 encoding. It imports, but can't see any video.
I have been successful when the codec is H.264 instead of VC-1.
Is there a plug-in or something that will let video studio import this type of file ?

You need to have Windows Media Video 9 codec installed. But where did the video come from in that format? Is there a camera out there which uses VC-1?