Advice needed for transcoding 4K HLG BT 2020 to Rec. 709 1080 P
I'm working in Final Cut Pro on a low budget feature length documentary filmed on an 8 Bit, full frame DSLR camera in 4K HLG BT. 2020. The first screening will be on a 1080 P Christie Projector. The color graded project and rendered files look perfect on an HDR monitor. When I export as 1080 P using all the correct HDR tools, the highlights are blown out and the image quality is poor. I also tried tried transcoding the HDR rendered file in Apple Compressor into a Rec 709 file and again the highlights were blown out.
Do I have to do a separate color grade in Rec 709 or am I missing something?
MacBook Pro 16″, macOS 14.4