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In this video tutorial, Dion from Dion Video Productions shows how to download and add new fonts to Final Cut Pro. He recommends websites like Google Fonts, 1001 Free Fonts, and Defont.com for finding fonts. It is important to check the licensing agreement before using any fonts, as some may require payment for commercial use. Dion demonstrates downloading the font "Railway" from Google Fonts and locating it in the Downloads folder on your computer.