I'm interested in this subject. I always automatically assumed everybody was shooting 4K Raw 12-bit because that is how I shoot on the Ursa Mini 4K. But when Tyler posted he shot that Bailee Madison thing in XAVC iframe 410Mbps 4k with REC709 LUT, it got me thinking, "that's not Raw".
So I looked deeper into the C300 Mark II and saw that it's not 12-bit, either. So, something is wrong here.
A number of cameras are considered more professional than the Ursa Mini Pro. But they don't even shoot 12 -bit Raw? So people must be shooting in a different digital format.
But why would they? Don't they care about 12-bit?