What you get
The transcript is structured: H1 with the episode title (filename or you provide it), H2 sections at topic shifts, punctuated paragraphs, and timestamp anchors at section starts. There are no host/guest labels: the transcription engine turns speech into text and does not identify which voice said what.
Show notes from a transcript
Once you have the .md, two minutes with Claude or ChatGPT — paste the transcript, ask for "10 chapter markers with timestamps and one-sentence summaries" or "5 quotable moments suitable for social media". The structure of the Markdown makes these prompts reliable.
Audio-only podcasts
If your podcast is audio-only (no video version), use Audio to Markdown with the MP3/WAV directly, or Podcast to Markdown for the podcast-specific page.