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This video tutorial demonstrates how to reduce the size of a PDF file without compromising its quality. The initial file size is 4.1 MB. To compress the file, click on the provided link in the video description and select the PDF file from your desktop. Choose between three compression options: extreme compression for text-only files and recommended compression for files containing images. After selecting the compression level, click on "compress PDF" to start the process. Once completed, download the compressed file, which is now 76% smaller, reducing the size from 4.12 MB.