Video compression formats

I have an MP4 video that is about 2 minutes long and it was showing up as about 70 MB, so the file size clearly needed to be reduced. I used the Wondershare Video Converter and the H265 HEVC compression format and it reduced the file size down to about 12 MB, which is where it should be comparable to others I have. However, SL2 will not allow that video to be placed. As soon as I try to insert it into the slide the screen flashes quickly and nothing happens. It won't let the video be inserted. Anyone else ever encounter something similar or have a good solution?

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