Why is the functional part of the Modern player so very small?

HI

I'm using the modern player but i'm finding no matter what screen its viewed on there is a whole lot of wasted black border space round the outside of the  screen . Is there a way to maximise this? Is there some settings that I'm missing? Its frustrating to have a large amount of wasted screen and a tiny part that is relevant to the learner just in a very small central area.

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