A frame-by-frame conversion of video to it's final form.
A reason to tie up your computer's processor.
And, if you edit video, the perfect excuse for why you look like you aren't working.
Apple's Compressor program, a part of Final Cut Studio, is a comprehensive solution for rendering multiple file-formats from a single piece of media. You specify an input file, and out pops Youtube, podcast, DVD, and "Sunday Morning Auditorium" ready versions of your file.
How's it work? Here's a quick video-overview of some of Compressor's capabilities.
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