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Is Sony working on a compression codec as good as Apple Pro Res?

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Is Sony working on a compression codec as good as Apple Pro Res?

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The Sony MXF compression format is an extremely high-quality format. Additionally, Vegas Pro 9 supports a very wide variety of formats natively on the timeline. Thus, when you work in Vegas Pro 9, there is much less need for a compression codec since for most file types, we don’t force you to convert to a different format before you can even begin to edit your footage.

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