[Note: This is not another tutorial on simply using LightRoom. It's actually a much faster method that only uses Adobe Lightroom to create a custom Preset.]
Let me start by saying, the best way to edit the CinemaDNG files from the BlackMagic Design cameras is to use Davinci. Of course these RAW files are nothing but still images, so if many of you favor Adobe Lightroom for editing pictures, here's a little tip on how to save it as a preset to use in Adobe Camera RAW.
I tend to like the workflow and layout of Adobe Lightroom, especially on how well it can clean up noise if you have grainy footage. I think it's much faster [and better] than trying to run 'noise reduction' software once it's laid out in your video timeline. The problem is that Lightroom can be pretty slow to export your images once you're done editing. So this technique will allow you to make changes to one CinemaDNG file and apply it to all the files through the Camera RAW app.
If you shoot RAW with a Canon DSLR + Magic Lantern, you may already be familiar with using Camera RAW. If you haven't done this already, now you can start your edits with Adobe Lightroom, and finish the entire sequence of images through Camera RAW.
Summary of Steps
Step 1) Take one RAW image into Adobe Lightroom, tweak your settings, and then export to DNG.
Step 2) Open your exported DNG image in Adobe Photoshop and this should bring up Camera RAW.
Step 3) Save the preset and close Camera RAW.
Step 4) Now open all of your BMPCC RAW images in Photoshop (should launch Camera RAW) and Load the Preset.
Step 5) Make sure to 'Select All' and synchronize to apply to all frames.
Step 6) Save Images > Export to Folder
Once you have all of your color corrected images saved from Camera RAW, you can easily bring them into your video editor similar to a Timelapse project. Depending on what format was used during the export process (JPEG, TIFF), you will still have some lateral to color correct / grade within your editing software.

mad
what do you use to view the raw footage?? i can get a single frame into Photoshop but i want to view the actual footage
sey
thanks @EMM
mike
yes but doesn't seem like you can adjust the image like you can with the camera raw editor.
Emm
Post author@mike - You can use Davinci to edit as a video file. It will automatically do this for you.
mike
ok, i see now on your text. i just watched the vid. however, this seems a bit tedious. i was hopeing for a more seemless way to edit the raw data but there isn't. only a choice in color correction suites. If I remember correctly red has a raw editor for their redraw files. bummer there is no option other than this.
Emm
Post author@mike - I think you're missing a step or two. What format did you export these files as? If you export them as JPEG, then it should go right in.
mike
I did this but the files now say there is no metadata and premiere will not import them at all.
Emm
Post author@sey - One is the Pro Version. Get the Pro version if you want to shoot RAW.
sey
hello excellent website
I have a question Memory Support
64 GB SanDisk Extreme SDXC UHS-1 Class 10 Flash Memory Card 45 MB / s SDSDX-064G-X46
and this
SanDisk Extreme Pro 64GB SDXC UHS-1 Class 10 Flash Memory Card 95MB / s SDSDXPA-064G-AFFP
what is the difference? are conpatibles for BMCP?