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Batch Convert .MTS files to .MP4?

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I have a ton of large MTS files that I'd like to convert to MP4 without losing the original quality (if possible). I have sony vegas 10.0 pro which is currently the only option that produced a perfect conversion without any noticeable quality difference and the file was a lot smaller. Only thing is I don't know if it's possible to batch convert a ton of .MTS files.

Can anyone tell me if there's a way in sony vegas, or do you know of another program that can handle batch conversions for .MTS files?

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