All Files Exporting a QuickTime Movie with Lossless Compression and Transparency It is possible to export a QuickTime movie with lossless video compression and transparency by using specific compression settings. How to export a lossless QuickTime movie with transparency In the Video section of the Movie Settings dialog, select Settings. In the Standard Video Compression Settings dialog, set the Compression Type to Animation. In the Compressor section, set the Depth to Millions of Colors+ . Click OK.