Editing
Creation of the timeline incorporating all video and audio components and leveraging contemporary editing tools to add transitions, scene changes, in line with the editing/treatment style specified in the Script
First Cut
Rendering the timeline to create a First Cut (Viewing Copy only) for approval by the Client
Final Cut
Editing and Rendering the Final Cut incorporating changes and modifications, if any, specified by the Client
Master Output
Delivery of Master Output on HDD, DVD, Tape, etc as required by the Client