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Please note that when you transcode the footage, the resulting files might be 4x-8x larger than original clips.The up-side is that those clips will be much easier to edit since they are less-compressed, meaning the computer does much less work at "unpacking" each frame for display. Use Media Browser in Premiere for the actual import.
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Do not "pick and choose" video clips - copy it ALL since there are other folders/metadata that may be critical to recovering all footage and audio in Premiere. In any case, KEEP the original files intact for safety! This means create a New Folder on your hard drive, and copy ENTIRE contents of SD card to that folder. mxf file, or the GoPro Cineform codec is also excellent as a. On PC, try DNxHR which is an Avid codec delivered as an. For Mac, Apple ProRes was already mentioned. So what you want is a high-quality, near-lossless intermediate codec. mp4, as H.264 is a lossy codec and you don't want to transcode to that for editing. Also, forget any ideas of delivering a cut version as. But you don't want an "uncompressed" format, which makes very large files for HD and gargantuan files for 4K, with NO QUALITY BENEFIT since the original footage was already quite compressed - uncompressing it does not improve quality one bit. Why not give editor all the material? You won't be able to chop up the files and still deliver the original XAVC codec, so you will be re-encoding (transcoding) the material to accomplish that.