Eric I often deal with this exact workflow. While we could fill an encyclopedia discussing codecs and formats, but I'll tell you exactly what has worked for me in the past. Additionally, there seems to be this obsession with "lossless" and in my practical experience, unless you need to maintain the full dynamic range of 4:4:4:4 log-c 32bit color float video, there is no practical value to encoding to a "lossless" format, considering bandwidth and storage requirements. There are MANY options that will preserve a video with 99% integrity, edit flawlessly, and work in realtime while still saving storage space.
- As I mentioned, I use DNxHD whenever possible. It looks great, has no gamma issues or color shift in my experience and has good compression in near-lossless format. This is what we use at MTV. Additionally, it can be compressed further into a zip file at nearly 3:1 ratio, meaning a 1.5 gb clip can be put into a 500mb zip file with zero quality loss for upload. This is my main workflow.
- If a studio needs prores output I run the DNxHD back through prores on my mac mini server / MBP. I would highly recommend if you have the money to invest in a mini or laptop for this purpose. I have wasted more hours getting prores output on Pc than my time was worth. Additionally, you can then handle multiple projects or be ready for curveballs. it would additionally be a tax writeoff