How to Use Presets for Video in Lightroom CC 5.4 (and later)
FollowTo begin, be sure that the cloud-based Lightroom is up-to-date on your computer via the creative cloud app! This feature released with version 5.4. See How to Install Presets in this version of Lightroom HERE.
How Does Video Editing Work in Lightroom?
Simply upload a supported video clip to Lightroom on your mobile device or desktop and get to editing!
We're in the early days of video-editing in Lightroom and yet this upgrade is already super impactful and super easy to use! You can now use the same sliders that you use to edit your images, but in a slightly limited capacity. The Light, Color, Effects, and Crop/Trim panels are all available and only somewhat limited.
You can't edit multiple clips together but you can edit video just as easily as you edit your images, save your edits as presets, and copy and paste your edits across multiple clips!!
You'll have to get a hang of what features/changes are missing from your photo-editing workflow, but the process is just as easy functionally. One big help when attempting to apply the same presets to video as you would to your images, albeit in a limited capacity, is the new Amount setting.
While many settings (including tone curve) have now become compatible for video, it's import to note that some advanced settings may remain incompatible, thus some of your existing presets will have a"Partially Incompatible Preset" warning when applied to video clips, meaning some effects may not apply:
One big help when attempting to apply the same presets to video as you would to your images, albeit in a limited capacity, is the new Amount setting which allows you to increase (or decrease) the intensity of any applied preset.
Which Preset Settings are incompatible with Video?
Black & White image presets are not applying a black & white profile to video at this time, and will instead only apply other settings from the preset.
Additionally, film-inspired presets with a film grain may not translate cleanly to video. We recommend removing the film grain or adjusting to fit your video look & feel.
Presets that rely on AI Adaptive Settings will not translate to video, as localized effects are not available for video processing, at this time.
What Settings Can I Use to Edit Video?
The Light Panel will allow you to adjust Exposure, Contrast, Highlights, Shadows, Whites, and Blacks.

And you can now also apply Tone Curve adjustments to video!
The Color Panel will allow you to adjust Temp, Tint, Vibrance, and Saturation. You can also use the Color Mixer to adjust Hue, Saturation, and Luminance. And finally the sophisticated Color Grading tool is accessible for applying pro color edits to your video content.

The Effects Panel is limited to Vignette and Grain

The Crop icon will allow you to access Trim and Rotate settings:
Note: You will not be able to crop video in Lightroom mobile or Lightroom CC for desktop, so if editing video for social media purposes you will need it to be shot in your preferred aspect ratio, or you will need to crop it in a 3rd party app either before or after applying your edits in Lightroom.