This Project is not updated any more.
Use https://github.com/kmisiunas/ffmpeg-mathematica instead, it is much better.
A Mathematica wrapper to use FFmpeg for video import/export.
= FFmpegM improves the speed of import/export for many codecs, compared to regular Import[] and Export[] = FFmpegM supports many more codecs than compared to regular Import[] and Export[]
FFmpeg is released under terms of the GNU Lesser General Public License: http://www.gnu.org/licenses/lgpl.html (c) 2013 Kentaroh Takagaki