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Yeah, changing your recording setting to 16:9 is going to be ideal going forward. As for stuff you've already recorded, you'll want to bring the footage into a 1920x1080 sequence and adjust the scaling to size the video up or down to fit the frame and eliminate the letterboxing (black bars above and below your video) or pillarboxing (black bars to the left and right).
The video you linked is slightly sped up, is that intentional?
haha nice catch . At the beginning with the music it's supposed to be.
Ok so the preview window in the sequence is supposed to be the aspect ratio you set, I did not know that before.
And I just went ahead and used the scale function to zoom in on the video that seems to have done the trick, although with both sides chopped off to an extent.
That is to be expected, a 21:9 video will not fit perfectly in a 16:9 ratio.