You can try this link, its the older version and should be free of watermark http://www.afterdawn.com/software/video_software/video_encoders/v... @andmerr, cheers
or use another authoring soft like nero vision or something else like Intervideo WinDVD creator (extremely fast program)... a program should have come with your dvd drive already allowing you to do this... hope this minimal information helps..
i find sticking some black tape over the watermark on the tv screen does the trick,stops you watching the film like,but it gets rid of the watermark