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To save your transcript or captions from Panopto, navigate to selected video.
In the upper right hand corner, select the three dots. From the drop down menu select, Settings.
From the pop up window, select the Captions option from the left hand menu.
Under, Available Captions, select the small arrow next to English.
This will give you the option to download the captions or the unedited captions as a .txt file.
With the .txt file, you can convert to a .vtt file to upload to Clipchamp.