I tried converting the file to the Cedocida DV codec 2.3 using Virtual Dub. This decreased the file size from 94.3 gb to 17.7. However, when I import the file into Premiere, the file is STILL somehow shortened from 1:19:55 to 00:01:11.
Any idea whats going on here? I have never heard of Premiere chopping a duration down like this.
Thanks for the help, all!