The consolidate and transcode feature in Adobe Premiere Pro CC makes it easier to work with mixed formats because you can streamline your workflow, move all files associated with your sequences to a single location, and easily manage and share your work with other teams or even archive it for reference in the future.
Premiere Pro has excellent support for native format editing. This means you can mix and match almost any format with great real-time performance. There are times where, depending on your system performance, you might want to switch to a mezzanine codec — a standard codec for all of your media. This usually entails a codec and file type better suited to postproduction than to in-camera recording.
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