Any Premiere Pro experts in my timeline who know a lot about color management / HDR color spaces? I'm going crazy trying to get the settings right with PS5 output footage.
I avoided in console capture for this very reason. I ended up going for an Elgato 4K60S+ which has been brilliant. You do need the console to be connected to a 4K monitor for it to record 4K footage though. Slap a 512GB SD card in it and you’re good to go.