Convert MPEG-1/MPEG-2 files, transport streams in several formats.
MPEG Streamclip converts QuickTime movies, MPEG-1/2/4 files and transport streams into several formats; for MPEG-2 playback and export, the QuickTime MPEG-2 Playback Component is required.MPEG Streamclip can play and convert selectable parts of QuickTime movies, MPEG files and transport streams with MPEG/AC3/PCM audio into DV streams or QuickTime, AVI, MPEG-4 movies using any video codec, with optional 2D-FIR professional scaling, motion-adaptive deinterlacing, and other pro options; all in YUV, with audio in perfect sync. It also performs fast conversions to muxed MPEG files and demuxed M2V, AIFF, M1A, AC3 files, for direct burning with DVD Studio Pro and Toast 6, 7, 8.
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152 Reviews of MPEG Streamclip
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It hasn't been updated in 6 years so I doubt it will ever be. :-(
I only use it for cutting and trimming, and it works perfectly on mp4 files.
.ts files are only dealt with in SD, so most of mine being HD, I have to convert them first in mp4.
[I've just tried Joyoshare Media Cutter that, on the contrary, won't do SD .ts but HD! Not bad, but not very precise — no GOTO IN/OUT, hard to set edit points to the image, and even when you do, you don't get the same thing when exporting the clip.]
I'm using MPEG Streamclip 1.9.3b8 on OSX 10.11.1 (El Capitan) and it works perfectly. I use it often when capturing old analog sources via a DV converter device, to trim the final clips and re-join them. I do the same with MPEG-2 often as well. Thank you Squared5 for this constant in my life! :)
***EDIT: I neglected to mention something important. You DO have to go search out the file "QuickTimeMPEG2.dmg" on your own. But it is very easy to find.