For solution one, it has my highest recommendation for extracting audio from a video. I prefer to use the Free HD Video Converter Factory to rip music from video. With this powerful audio extractor, you can easily separate audio from video without any quality loss. You can also use its built-in downloader to download music video resources from the web and then extract music from video, such as Bandcamp to MP3, Mixcoud to MP3, etc. Apart from MP3, this audio extractor also supports WMA, AAC, WAV, MKV, OGG, and more other audio formats.
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