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You can use Moyea Flash Video MX Pro.

Here is the link.

http://www.flvsoft.com/video_to_flv/

You can add subtitles with Cue Point.

Install the software, and refer to the Help. "Moyea FLV Player subtitle Cue Point format: Name: "my::title"; Time: Drag the bar to set the time point you want to show the subtitle. Parameters:

Name: "t"; Value: Type the text to show.

Name: "d"; Value: Type the duration to display the text in parameter "t" in milliseconds. The color, size, height of the subtitle can be modified in the HTML code. " Launch it, and press Batch Encoder. Add the flv file and press settings. Then you can find the Cue Point settings.

otherwise, there are list some free editor:) http://www.video-to-flash.com/free_video_editor/ Free video editor for mac/windows/linux machine

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Q: Is there any program which can edit existing text in a video?
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