Final Cut Pro: "File Error: A file of this name already exists"

When exporting a sequence from Final Cut Pro using Compressor, you might encounter an error message which says:

"File Error: A file of this name already exists."

This can occur if certain anti-virus software is installed and active on your computer. To prevent this from occurring, try these steps:

1. Save your work and quit Final Cut Pro.
2. Disable or remove your anti-virus software (consult manufacturer for details).
3. Open Final Cut Pro and try the export to Compressor again.