Will compressor work with imovie and vesa versa?

I am needing to compress a large file, but I only have imovie to work with for editing because final cut pro is so expensive.  Will compressor 4 play nice with imovie and will imovie work with compressor 4?  Thank you

That's correct. I don;t believe you need a compression program to do what you want. I had to look up the export options for the new iMovie because my versions are older. There is a File choice in the Share menu which gives you a custom settings option. From that a you can adjust the bitrate to your requirements for the Web. For example, a preset that I use often is 720p # 8 bits per second.
Good luck.
Russ
PS: BTW, I was impressed by what I saw of the new iMovie; for example I didn't realize that it supports Pro Res. 

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