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I like Jubler (http://www.jubler.org/) for converting captions. It’s free. Open the .srt file and then ‘File:Save As ’ to Adobe Encore Text file.
Once you import the captions into the Caption Track in Encore, you will need to automatically provide the minimum gaps between the captions that a blu-ray requires. After this step, you will need to make adjustments to the timing by dragging the caption handles in the timeline. You may also have to edit the captions for typos.
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