Maybe I'm missing something simple, like Adobe does it automotically but I don't have it set right: I shot 16:9 video and need to show it on a 4:3 display that chops off the edges of a 16:9 video. Can Premiere Elements 7 (on a Vista PC) make a 4:3 video with letterboxing bands top and bottom?
You can do it one of two ways, depending which project preset you're using:
1) If you're bringing this footage into a standard 4:3 project, you will need to right-click on the clips on your timeline and select Show Properties. In the Properties panel, click the little triangle to open the Motion properties and set Scale to 75%.
2) Begin a new project and select the option for a 16:9 project. When you display the video on your TV, the DVD play should trigger the 16:9 letterbox playback. If it doesn't (and some home-burned DVDs don't), you can set the playback to letterbox manually with your remote control.