Converting HDV project to SD DVD
I have a strange little video verité project.
A legal aide gave a presentation to a local citizens' group. The aide spoke on legal matters for less than 27 minutes. I shot the presentation using an HDV camcorder (tape-based), in standard HDV format.
I just used Final Cut Pro 7 to Log and Capture the presentation footage: a single, continuous, 27 minute clip. The footage was brought in as HDV.
There are two projects that the group asked me to prepare:
Project #1: edit, format and burn the presentation onto a standard-definition DVD. (Using Final Cut Studio, including FCP 7, Compressor, and DVD Studio Pro 4.) DVD is to be self-playing and containing only the presentation.
Project #2: edit, format and upload the presentation to YouTube, preferably at the best possible quality. This would be made available to the public at a later date.
My question:
I already imported this footage in HDV format. How do a transcode this same presentation for each project (at separate times) so that the HDV footage will be formatted for each use? In other words, how do I transcode to "step down" footage for Project 1's DVD, and then later on, take the footage out of Final Cut again for YouTube?
Would it be easier to re-Log-and-Capture the footage for the DVD? The camcorder has an on-board feature to allow footage to be played or captured as DV. I've done it that way before, but this project seems different because I'm preparing the video for two very different kinds of media.
iMac, OS X Mavericks (10.9.5), late-2012 Core i5, 8GB RAM, 1 TB HD