How to upload HD Video to the web?

hd video to the webA common situation: you make a home movie about your baby using your HD camera and then want to share this video with your family and friends. You can upload it to YouTube or other sites for free. The problem is that normally HD video files are of very large size. For example, an 8 sec HD video file is about 24 Mb in size. Unbelievable ?? just eight seconds! Besides, the resolution of HD video is 1920×1080, which is not acceptable for many players.
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