Picture metadata for high dynamic range video

Methods and systems for generating dynamic picture metadata are presented. Given an input picture generated on a mastering display, characteristics of a target display which is different than the mastering display, and an initial set of dynamic metadata for the input picture, an iterative algorithm: maps the input image to a mapped image for the target display according to a display management process and the image metadata, compares the input image to the mapped image according to a visual appearance-matching metric, and updates the image metadata using an optimization technique until a visibility difference value between the input image and the mapped image according to the visual appearance-matching metric is below a threshold.