Subtitle Workshop is a free, open-source program for Windows that allows you to create, edit, and convert subtitle files. It supports a wide variety of subtitle formats, including SRT, SUB, ASS, SSA, and more. It[SQ]s a powerful tool offering features beyond basic text editing, such as :

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Synchronization:

Precisely adjusting the timing of subtitles to match the video.
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Styling:

Customizing the appearance of subtitles (font, size, color, effects).
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Translation:

While not a translation tool itself, its ease of editing makes it suitable for translating subtitles.
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Conversion:

Converting between different subtitle formats.
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Spell checking:

Helps to ensure accuracy.
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Batch processing:

Editing multiple subtitle files at once.

Essentially, it[SQ]s a comprehensive suite for anyone who needs to work with subtitles, whether for personal use, fan subtitling, or professional projects. While it has a somewhat dated interface, its functionality remains robust and valuable for many users.