99% of premiere is force interpreted into rec. 709 including dynamic link and mercury transmit. The other 1% is HDR rec. 2020 via meta tags in jpe2000, exr, and special h.264.
after effects supports a vast array of color management, so it’s not limited like premiere. the thing is, its not automatic like quicktime player or FCPX which have….
Some old gamma info.
1. calibrate your monitor to one or the other.system preferences>Displays) to 1.8
2. use gamma tags legacy and in quicktime properties enable FCP legacy
3. Final Cut Pro/System Settings/Playback Control. Change Gamma Correction from Accurate to Approximate
4. fcp individual clips – Editing tab, “Imported Still / RGB Video Gamma”. choose source 1.80, 2.20
5. for playback, QuickTime preference, General tab: “Enable Final Cut Studio colour compatibility”
6. in AE, Choose File > Project Settings. “Legacy Quicktime Gamma” preference via render queue, not export
https://helpx.adobe.com/after-effects/kb/quicktime-movies-too-dark-light.ht...
7. AE’s utility profile converter, set input as rec. 709 16-235, output as 0-255 rec. 709 or visa versa if wrong direction.