I 'm sure this can be done. I want to create a stopwatch/start-lights clip to insert into a sail racing video. So I've composited this and it works quite nicely in cutting the image into the shots of boats manoeuvring for a start. It would be handy to have this insert in my media library, but I can't figure how to create this as stand-alone media for which I must have a transparent background (like "generated media"). If I render without the underlying main images I get the insert on black background, whatever variations I've tried.