Abstract: A computer-implemented method and system for transcoding input video content is provided. The method includes decoding the input video content from a first format to a first set of raw video data. Encoding the first set of raw video data into an intermediate format and storing the video data in the second intermediate format. Also encoding the first set of raw video data into a third desired output format to extract video parameters and determining optimized encoding parameters for encoding the video content into the final output video. The method includes decoding the stored video data encoded into the intermediate format into a second set of raw video data and encoding the second set of raw video data into the third desired output format using the optimized encoding parameters to generate the final output video.