Step 1:Free download Download Ultra Quicktime Converter
Step 2 : Launch it and get ready to convert M4V to MPEG.

Step 2: Click
to Add M4V files.

Step 3: Click Output Option, choose MPEG Format (*.mpg), ofcourse you can set the output folder, quality and other settings while convert m4v to mpeg file. (note, you can also use it to convert m4v to MPEG 4 (mp4 format))
.
Step 4: Click
to Start Convert M4V.

OK, We have finished the whole conversion of M4V to MPEG, Apart from convert M4V to MPEG, you can also use it to Convert M4V to other video files, such AVI, WMV, MPG and so on. Just Free download and enjoy it.