This ISO/IEC technical report provides guidance on processing high dynamic range (HDR) and wide color gamut (WCG) video content. It offers recommended guidelines for operating AVC or HEVC video coding systems adapted for compressing HDR/WCG video for consumer distribution applications. The document includes processing steps for converting RGB linear light representation video signals into Y’CbCr signals using the PQ transfer function, applicable to various bit depths and color formats.