Anything to save time is worth investigating. Prior to this way of working, I was making transcriptions on paper - by hand! - with timecode references, then going through with a highlighter. This was fine, but obviously cumbersome. In theory I could take the notes away and work on a paper edit in the traditional manner, but I find that having everything together on screen with the footage fits my way of thinking better. I won't be throwing away my notebook, but this way is faster and doesn't rely on the legibility of my deteriorating handwriting.
This is in any case a problem for Premiere too - especially with 4K. I have reverted to transcoding (in AME) to Cineform. Although there is a trade-off in that the file sizes are much bigger, it is worth it to be able to actually scrub through the timeline.
It's fine for Adobe to market PPro (the others too) as being able to handle any codec, but be aware that there are limitations when dealing with some of them. I imagine H.265 is even more problematic!
I was just about to say the same thing. Like you say, using markers is a MUCH better way of doing it:
1) You can enter a lot of text and type whilst the clip is playing - I can't type fast enough to transcribe speech in real time but at least type in key words and phrases
2) You can search in the Markers panel (which I didn't even know existed until I happened upon this way of working
3) Adding and then disabling layers of black video seems a real faff - especially having to copy and paste from one sequence to another
4) The marker text shows up in the Source Monitor and on top of clips in the timeline - it follows the clip
5) You can add markers, extend them (Alt+drag) and enter text all whilst the clip is playing (best done by opening the clip into the Source Monitor. Also helps to create a new workspace with Source Monitor and Markers panels large).
This video is not showing best practice, if you ask me.
I really liked the music video very much. It wouldn't have worked at all if it was shot on digital.
This is really good and gave me a lot of ideas.
There was a series of similar films made for the BBC earlier this year: http://www.bbc.co.uk/programmes/b05ttnd7
Couldn't help thinking though: OK, more serious, earnest young men making a serious, earnest film about serious, earnest young men doing serious, earnest things. When they all get to middle age, they'll look back and laugh at how seriously they took everything - and themselves!
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