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Compressor has two major uses: one is to encode video and make it smaller; the other is to transcode it and to change its format--predominantly you use this for editorial uses. You're starting with something that just isn't optimized for your editorial system. Today, most of our major editorial tools, including Final Cut X, but also including Avid and Adobe's products, can actually handle H.264 files. When I go and I say Get Info here, you'll notice this is an H.264 file shot by a DSLR camera.
We could use our native tools to either edit with this directly or do our transcode. The advantage doing it in Compressor is you can throw a whole disk's worth. You can throw 50 files in Compressor to do this rather than just one, so you can use the second computer just to do this transcoding feature, so you're not tying up your main system to do this. We need to at least see what it was to start with. You'll see this Transcode Start, and you'll see here that its codec is H.264. And in some of the other movies you are going to see me make this into different flavors as a transcode.
Again, is this idea, there is no real practical difference between the words transcode and encode, but I personally I use the word transcode that mean to change it from one format into another for the explicit use of editorial software, as opposed to encoding, making it smaller for distribution. So let's take a look at what we're going to do from here.
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