Use ffmpeg to encode jpeg2000 @ 270Mbit

ffmpeg -i f:hdfooty1.mov -r 25 -s 1920×1080 -strict experimental -vcodec j2k -t 5 -b:v 270000k f:hdfooty1_j2k.mov

Note it appears you can also use codec as follows which produces a lossless version: -c:v libopenjpeg

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