AVI/MPEG/ASF/WMV Splitter splits, cuts, or trims a large video file into smaller video clips. Using the included video player, you can easily cut files by time or the selection as needed. The program supports AVI, DivX, MPEG, ASF, WMV, and WMA files, as well as large video files, even larger then 2GB. It's very fast, without any quality loss, and features a user-friendly interface.
Version 3.24 supports AC3 file splitting.