Blender Video Editing - Part 14 (Compressing Video for Upload) by Usman World:
This video will show you how to easily re-compress your videos for upload.
The programs I recommend are as follows:
(I believe that each of these links should be virus free, but always run a virus check on downloads just because it's a good thing to do.)
http://www.ffmpeg.org/ (Command Line tool)
http://winff.org/html_new/downloads.html (Windows and Linux GUI)
http://www.mirovideoconverter.com/ (Mac and Windows GUI)
Note: These videos Lecture are made for Blender 2.68a , so better download that one
To download blender 2.68a version click below :
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