I am learning how to use Premiere Pro by extracting the musical numbers from a commercial blu-ray disk (which I purchased). The master .m2ts files are fine, playing nicely in the appropriate player. The .m2ts file audio is encoded with DTS HD-MA. However when I bring the .m2ts file into Premiere Pro or Encore CS5 there is no audio. In the browser by the thumbnail I see the video described (1920 x 1080 (1.0), 23.976 fps, but there is no audio description. Playing the preview I see the video without any audio. I'm using a 12 cpu MacPro August 2010, 48 gb ram.
One possibility might be that I am lacking DTS-HD support. However I was hoping that there might be some way to simply extract the clip from the master .m2ts file with the original audio, and then generate a new file just copying the master audio track (clipped), without processing.
My goal is to transfer the clips to a PS3 in order to play the clips with the original audio bitrate (4-5 mbps). Is this possible? Unfortunately the PS3 has the same problem, it also plays the .m2ts file without the audio.
Better use material you shot yourself, or get the original material from the copyright owner. As you noticed DTS is not supported, but the company that has given you (written) permission to edit their material may have the audio in an editable format.