shrink MOD format movie

I film a movie of 3.5 hours in my camera video
The movie is in format MOD and takes 5 giga I want to shrink it
How can I shrink the movie?
Maybe I need to convert the MOD format ?
If yes then to what format I need to pass
And how I can do it reply

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05-19-2010 01:49 AM
TTT

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