Configure error "src dir not found"

[rpete]

Hi, I want to install m2ts to decode video. I downloaded the application to my desktop as m2ts.tar.gz, extracted it, cd, and when want to configure <./configure> I get this output. I suspect I need to move the file from desktop to another directory or create a new directory but I am not sure how to do this. Any help would be appreciated.

m2ts/yumcmds
m2ts/readme_osx.txt
m2ts/samplevideo.m2ts
m2ts/download
m2ts/test
m2ts/m2tstoavi.mencoder
m2ts/hdrsr1
m2ts/Makefile
m2ts/m2tstoavi
m2ts/installasroot2
m2ts/configure2
m2ts/installasroot
m2ts/compile2
m2ts/clean
m2ts/readmexportc.txt
m2ts/hdrsr1cp
m2ts/readme.txt
m2ts/configure
m2ts/m2tstoavi.nofifo
richard@dell-desktop:~$ cd m2ts
richard@dell-desktop:~/m2ts$ ./configure
Starting ./configure script.
src dir not found. Exiting.
richard@dell-desktop:~/m2ts$