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buy now - only $99
With Flip4Mac WMV Studio Pro, you can import and export Windows Media files.  In addition to the built-in encoding profiles, you can create your own encoding templates.

Flip4Mac WMV Studio Pro provides 1-pass, standard definition Windows Media encoding with standard audio – a great starting point for those with limited encoding requirements.
only $99 buy now
 
Upgrade from WMV Studio for $50
Upgrade from WMV Player Pro for $70