Process is pretty straightforward. Once edit is complete, render your timeline and export a QT reference for use with Compressor or encoding application of your choice. Just remember that digital video for broadcast assumes 16-235 RGB for black and white levels and compressor expects 0-255. If you export out as REC709, Compressor will lift the blacks since it assumes (makes an ass of u and me) that it is 0-255.
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If you export out as RGB, Media Composer will create full range 0-255 as part of the QT ref process so that if makes up for the inability to address that in Compressor.
Michael
Michael Phillips