Tune4mac is a home edition and it's only for personal use.

Tune4mac iTunes Video Converter Platinum

Support TV Shows, iTunes Purchases and Rentals Movie (including Music Videos)

Convert iTunes M4V movies and TV Shows to popular media formats at 20X faster speed with lossless quality preserved. The converted videos can be played on multimedia devices, such as iPhone XR, iPhone XS, iPhone XS Max, Apple TV 4, Samsung Galaxy S9, Nexus 9, Surface Pro, Roku, TVs and many other.

20X faster conversion speedKeep all subtitles and 5.1 audio track

Retain lossless video qualitySupport various output devices

Convert M4V to MP4, MP3...Compatible with macOS 10.12; iTunes 12.9.

Urgent Note: Tune4mac iTunes Video Converter Platinum can't support macOS 10.13 High Sierra and macOS 10.14 Mojave.