Adobe has added speech transcription to Premiere Pro and Soundbooth CS4, which has many applications within the Production Premium workflow, particularly exporting to Flash. But it hasn’t been that useful to producers or editors on other platforms.
With Transcriptize you can: Name the speakers (something not possible in Premiere Pro/Soundbooth); Export a plain text file, suitable for the needs of a producer or to import into Media Composer’s ScriptSync engine; Export an Excel spreadsheet with a variable number of words per row. Perfect for a producer’s needs.
Open the XML from a Final Cut Pro clip and add the transcription to Markers where: there are a variable number of words per Marker (including one Marker per speaker); the speaker name is placed in the Marker name; Transcription appears in the clip Marker comment; Marker colors are used to identify each speaker (FCP 7); the transcription can be searched within Final Cut Pro to find where in a clip the text occurs; Markers can be easily subclipped based on transcription content.