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Is there a way to convert MTS video format to OGV? And how could you set desired size of output file or file resolution?

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It could be done with ffmpeg. First, install it with vorbis support:

brew install ffmpeg --with-libvpx --with-theora --with-libogg --with-libvorbis

After that, run command:

ffmpeg -i input_file.mts -acodec libvorbis -crf 21 -r 30000/1001 -deinterlace -vpre lossless_medium -y -threads 0 output_file.avi

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