First of all it would be good to use 1.7.9 CMS and player versions.
You will most likely want to increase the php execution time as well, please see How do I upload files bigger than 2MB / How can I increase the upload file size limit?
First of all it would be good to use 1.7.9 CMS and player versions.
You will most likely want to increase the php execution time as well, please see How do I upload files bigger than 2MB / How can I increase the upload file size limit?