A video transmitter comprising a plurality of encoders may be operable to determine, for a transport stream, a constant overall number of bits per time interval corresponding to a frame in the transport stream. For each time interval corresponding to a start and an end of encoding of each of frames using each of the encoders, the video transmitter may allocate a target number of bits to each of the frames to achieve the constant overall number of bits. The allocation of the target number of bits may be based on frame types of the frames and CODEC types of the encoders, where the allocated target number of bits for each of the frames meets buffer overflow/underflow requirements associated with each of the encoders. A quantization parameter (QP) may be calculated and adjusted at each of one or more layers for generating an actual number of bits during encoding.