Open AVID Media Composer

Then open Media Composer

click on "New Project"

then click on the folder icon to navigate to where you want to save your project then


Name the Project "Whatever you would like"

Set the Format HD 1080 > 1080 23.976

Color Space YCbCr 601

Or another common project size is 4K or UHD

Format: UHD 23.976

Ultra HD > UHD 23.976


Color Space default 709


Then Click on Create

Choose Create


All the way at the bottom of the screen