The TS stands for "title set" and is part of DVD structure. The before mentioned VIDEO_TS folder will hold all the pertinent information such as Informaton (IFO) and any backup (BUP) files that are necessary for the DVD to even be read.
Related Guides
DVD Fix DVD files with FixVTS-This short article exists to show users a way to use a small but excellent tool called FixVTS to adjust your DVD files into better DVD compliance. Why? There are several reasons why you may need to do this. The most common reason is because software such as DVD Shrink has given errors when attempting to open a DVD. Using FixVTS, you can fix up the DVD in a matter of minutes and it should have solved such problems.
Burning pre-authored DVD-Video using Nero-When you use programs like DVDShrink to compress a DVD on your Hard Drive, you are left with a bunch of DVD files. You movie files will be located in a VIDEO_TS folder. This guide will show you how to use Nero Burning Rom or Nero Express to burn these files to a blank DVD-R or DVD+R.
How to copy DVDs with DVD Shrink-This guide shows you how to copy a DVD to a blank (single layer, 4.36GB) DVD-R, DVD+R, DVD-RW or DVD+RW disc. The object is to create a high quality backup copy of a personally owned DVD which you can use to play to protect the original from scratching. This guide utlises DVD Shrink, a simple tool that will help you to shrink the size of a DVD-9 disc (dual layer). Additionally, I cover the steps with MenuShrink to reduce the sizes of menu dramatically and burning with Nero Burning Rom (both are optional).