Compression MJ2
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Supported compression and conversion formats:
JPEG, JPG, PNG, GIF, WEBP, MP3, TIFF, TIF, BMP, DIB, RLE, JP2, JPF, JPG2, JPX, J2K, JPC, MJ2, OGG, OGV, SPX, WAV, 3GP, AAC, M4A, M4B, OPUS, OGA, MP4, AVI, MKV, MKA, SVG, EXR, RAW, ARW, SRF, SR2, CRW, CR2, CR3, DNG, DCR, KDC, ERF, 3FR, MEF, MRW, NEF, NRW, ORF, PEF, RAF, RWL, RW2, SRW, X3F, PDF, JXL.
What compressing MJ2 actually does
MJ2 is Motion JPEG 2000: a clip assembled from individual JPEG 2000 frames. The format is used in film archives, scientific imaging and medical equipment. Every frame is compressed on its own, so the size drops in proportion to the quality you pick.