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For MPEG-2 files you still need to install the Quick Time MPEG-2 Playback Component, which is The Snow Leopard upgrade DVD released on August 28, 2009 may wipe the content of the /System/Library/Quick Time folder during the upgrade process, and delete your MPEG-2 Playback Component installed in that folder.To use MPEG-2 files with MPEG Streamclip you have to reinstall the MPEG-2 component or restore it from a backup copy.Use Spotlight to search for "Quick Time MPEG2.dmg": if you find a file with that name, double-click it and then in the disk image, double-click the installer package for Intel Macs.If you purchased the MPEG-2 Playback Component from the Apple Online Store but you can't find the Quick Time MPEG2file, you can download the file again from the Apple Online Store if you remember the Apple ID used when you originally purchased it (if you forgot your Apple ID then go to Apple iforgot).Insert the DVD and use the Finder's Go menu Go To Folder...
You can also install another codec like 3ivx ( or Xvi D (ch/student/naegelic), but only with Div X 6.5 and later (or Div X 5.2.1) you can encode Div X files with MP3 audio.
MPEG Streamclip lets you play and edit Quick Time, DV, AVI, MPEG-4, MPEG-1; MPEG-2 or VOB files or transport streams with MPEG, PCM, or AC3 audio (MPEG-2 playback component required); Div X (with Div X 6) and WMV (with Flip4Mac WMV Player).
MPEG Streamclip can export all these formats to Quick Time, DV/DV50, AVI/Div X and MPEG-4 with high quality encoding and even uncompressed or HD video.
: if you want to download movies from You Tube, please use the beta version below.
To install MPEG Streamclip, simply drag it into your Applications folder.
To install the component in Lion or Mountain Lion, please download MPEG Streamclip 1.9.3b8 beta above; inside the disk image you will find the Utility MPEG2 Component M.