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In this video tutorial, the presenter demonstrates how to reduce the file size of a PDF on a Mac. The initial file size was 42 MB, which is quite large. To reduce the file size, they open the PDF in Preview, go to the File menu, and select the "Export" option. In the export settings, they choose to reduce the file size and keep it in PDF format. After saving the reduced file, they check the new size, which is now only 1 MB. However, they mention that the images in the reduced file are slightly blurry and need further improvement.