On HandBrake, all using default parameters, except setting the output framerate to 24 (default: 30) and container output format as Matroska .mkv (default: MPEG-4 .mp4). The container output format really probably does not matter, but the framerate would be a factor. The output excludes subtitle, but that would be less than 1 MB anyway (this is an assumption, not a fact, since subtitle files are not that big).