Convert Media Format

Select View > My Library ( )from the Player menus.
Select the clip(s) you wish to convert.
From the Tools menu select Convert Media Format ... (The Convert Media info box appears when you first use this feature. Click Continue to open the Convert Media Format dialog.)
Under New Clip, change the Clip Name, Format and/or Quality level as desired. (When multiple clips are selected, clip title cannot be changed.)
Choose Additional Options (such as Clip Info, Erase the current clip, or Create a new playlist) if desired.
Click OK to convert your clip(s).

Convert Media, a Premium feature, allows you to change the format and quality level of the media files associated with your media clips. You can convert audio media from any supported format (except secure formats) into MP3, RealAudio, and Wave formats.

Note: Video files can only be converted into audio format files. The video content will not be copied.

Note: The Convert Media option is not available while clips are playing or paused. The VBR (Variable Bit-Rate) option is only available with MP3 files.

Caution: Convert Media is an advanced feature and should be used with care. Some Convert Media actions will result in the loss of data (quality) and/or the deletion of files.