If you were looking for an application which will work with audio files, AudioConverter Studio will help you with in two ways.
First, to extract audio from a CD and convert it to MP3 format to take up less space and store it in the computer.
Secondly, to convert audio files format and thus reduce some of the characteristics of MP3 files (obviously the sound quality will be reduced as well) and managing for less space to be taken up. The only change in the files will be their audio quality. Their structure, time, volume, etc; will still remain the same.
AudioConverter Studio is an application worth trying out on your audio files.
