Open Adobe Premiere Pro and select New Project.
Add your media to the Project window, and then arrange it in the Timeline window.
From the File menu, select Export then Movie.
From the Export Movie window, click the Settings button.
In the Export Movie Settings window, select General in the left-hand pane, then choose Microsoft AVI from the File Type drop-down menu.
Select Video in the left-hand pane of the Export Movie Settings window.
Choose DivX Pro Codec from the Compressor drop-down menu.
Click Configure to configure the DivX encoder. (Please consult The Official DivX 5.2 User Guide for further information on configuring the DivX encoder.)
Set the Aspect Ratio of your video.
Disable Recompress in the Data Rate area.
Select Keyframe and Rendering in the left-hand pane of the Export Movie Settings window.
Set the appropriate interlace properties for your source. Setting the interlace options incorrectly may result in reduced resolution, horizontal lines, or undesirable artifacts where motion occurs in your video.
Disable Optimize Stills.
Click OK on the Export Movie Settings window to return to the Export Movie window. Enter a file name and click Save to begin encoding your DivX video!
While your movie is encoding to the DivX format, you can start popping the popcorn and prepare yourself for a DVD-quality DivX movie experience. You can play the DivX video on any computer with the DivX codec installed, but if you already own a DivX Certified DVD player, you can enjoy a big screen, surround sound, movie theatre-like experience from the comfort of your favorite living room chair!