Those video cinematics are ugly as ****. 23fps and 1920x1080, looks awful and out of place when you play on a higher resolution like 1440p
The game uses usm video files. These can be extracted from these .pak files using 7zip or Winrar

Then, the usm video files can be converted using VGMToolbox Then, we'd need to upscale that and convert it back to usm. I need to do more research on this, other modders have done this for other games so it's possible
Video Tutorial