How to get a video to under 30 mb on movie maker?

I took a video from my iphone that is 178 mb. But I have to upload it under 30 mb. I'm trying to figure out how to decrease the quality on windows movie maker (windows 7), but there are no options that offer to decrease the quality.

The files made by iPhones are already compressed about as much as they can be. If you compress an iPhone video file from 178 Mb to 30 Mb, no one will be able to see or hear anything but a mishmash of screwy colors and sound. The only - and best way - of creating a smaller file is to split and remove the least important parts of the clip. If the entire video is important to you, then, at the end of editing it, split it into 30 Mb sections and upload each of the 6 sections individually.

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