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This is a one stop shop for adding subtitles to your videos. This video covers transcription, translation, adding and embedding of subtitles.

These are the links referenced in the video:

http://www.moviesubtitles.org

http://www.simplyscripts.com

http://www.dcmp.org/ciy/converting-youtube-to-srt.html

http://translate.google.com/toolkit

http://www.virtualdub.org

http://www.virtualdub.org/virtualdub_filters