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The Adobe Media Encoder CS6 is included with Premiere Pro CS6. It allows you to encode video to a wide range of output formats.
Also included with Premiere Pro CS6, although it requires a separate install, is Encore CS6. Encore is a Blu-ray and DVD authoring package, now 64-bit native, that includes transcoding and menu generation. There is the option of using Dynamic Link to transfer a project directly from Premiere Pro to Encore or After Effects for a faster workflow without intermediate rendering.