diff --git a/client/ayon_core/pipeline/farm/pyblish_functions.py b/client/ayon_core/pipeline/farm/pyblish_functions.py
index 265d79b53e..a58cecf68c 100644
--- a/client/ayon_core/pipeline/farm/pyblish_functions.py
+++ b/client/ayon_core/pipeline/farm/pyblish_functions.py
@@ -253,6 +253,19 @@ def create_skeleton_instance(
         "reuseLastVersion": data.get("reuseLastVersion", False),
     }
 
+    # Pass on the OCIO metadata of what the source display and view are
+    # so that the farm can correctly set up color management.
+    if "sceneDisplay" in data and "sceneView" in data:
+        instance_skeleton_data["sceneDisplay"] = data["sceneDisplay"]
+        instance_skeleton_data["sceneView"] = data["sceneView"]
+    elif "colorspaceDisplay" in data and "colorspaceView" in data:
+        # Backwards compatibility for sceneDisplay and sceneView
+        instance_skeleton_data["colorspaceDisplay"] = data["colorspaceDisplay"]
+        instance_skeleton_data["colorspaceView"] = data["colorspaceView"]
+    if "sourceDisplay" in data and "sourceView" in data:
+        instance_skeleton_data["sourceDisplay"] = data["sourceDisplay"]
+        instance_skeleton_data["sourceView"] = data["sourceView"]
+
     if data.get("renderlayer"):
         instance_skeleton_data["renderlayer"] = data["renderlayer"]
 
@@ -589,7 +602,6 @@ def create_instances_for_aov(
     """
     # we cannot attach AOVs to other products as we consider every
     # AOV product of its own.
-
     log = Logger.get_logger("farm_publishing")
 
     # if there are product to attach to and more than one AOV,
@@ -612,8 +624,8 @@ def create_instances_for_aov(
         additional_data.update({
             "colorspaceConfig": colorspace_config,
             # Display/View are optional
-            "display": instance.data.get("colorspaceDisplay"),
-            "view": instance.data.get("colorspaceView")
+            "display": instance.data.get("sourceDisplay"),
+            "view": instance.data.get("sourceView")
         })
 
         # Get templated path from absolute config path.
diff --git a/client/ayon_core/plugins/publish/extract_color_transcode.py b/client/ayon_core/plugins/publish/extract_color_transcode.py
index 1a2c85e597..b293bd29c3 100644
--- a/client/ayon_core/plugins/publish/extract_color_transcode.py
+++ b/client/ayon_core/plugins/publish/extract_color_transcode.py
@@ -87,15 +87,19 @@ class ExtractOIIOTranscode(publish.Extractor):
         profile_output_defs = profile["outputs"]
         new_representations = []
         repres = instance.data["representations"]
-        for idx, repre in enumerate(list(repres)):
-            # target space, display and view might be defined upstream
-            # TODO: address https://github.com/ynput/ayon-core/pull/1268#discussion_r2156555474
-            #   Implement upstream logic to handle target_colorspace,
-            #   target_display, target_view in other DCCs
-            target_colorspace = False
-            target_display = instance.data.get("colorspaceDisplay")
-            target_view = instance.data.get("colorspaceView")
 
+        scene_display = instance.data.get(
+            "sceneDisplay",
+            # Backward compatibility
+            instance.data.get("colorspaceDisplay")
+        )
+        scene_view = instance.data.get(
+            "sceneView",
+            # Backward compatibility
+            instance.data.get("colorspaceView")
+        )
+
+        for idx, repre in enumerate(list(repres)):
             self.log.debug("repre ({}): `{}`".format(idx + 1, repre["name"]))
             if not self._repre_is_valid(repre):
                 continue
@@ -142,24 +146,18 @@ class ExtractOIIOTranscode(publish.Extractor):
 
                 transcoding_type = output_def["transcoding_type"]
 
-                # NOTE: we use colorspace_data as the fallback values for
-                #     the target colorspace.
+                # Set target colorspace/display/view based on transcoding type
+                target_colorspace = None
+                target_view = None
+                target_display = None
                 if transcoding_type == "colorspace":
-                    # TODO: Should we fallback to the colorspace
-                    #     (which used as source above) ?
-                    #     or should we compute the target colorspace from
-                    #     current view and display ?
-                    target_colorspace = (output_def["colorspace"] or
-                                         colorspace_data.get("colorspace"))
+                    target_colorspace = output_def["colorspace"]
                 elif transcoding_type == "display_view":
                     display_view = output_def["display_view"]
-                    target_view = (
-                        display_view["view"]
-                        or colorspace_data.get("view"))
-                    target_display = (
-                        display_view["display"]
-                        or colorspace_data.get("display")
-                    )
+                    # If empty values are provided in output definition,
+                    # fallback to scene display/view that is collected from DCC
+                    target_view = display_view["view"] or scene_view
+                    target_display = display_view["display"] or scene_display
 
                 # both could be already collected by DCC,
                 # but could be overwritten when transcoding
diff --git a/server/settings/publish_plugins.py b/server/settings/publish_plugins.py
index 18cba5cd76..d7b794cb5b 100644
--- a/server/settings/publish_plugins.py
+++ b/server/settings/publish_plugins.py
@@ -456,7 +456,7 @@ class UseDisplayViewModel(BaseSettingsModel):
         title="Target Display",
         description=(
             "Display of the target transform. If left empty, the"
-            " source Display value will be used."
+            " scene Display value will be used."
         )
     )
     view: str = SettingsField(
@@ -464,7 +464,7 @@ class UseDisplayViewModel(BaseSettingsModel):
         title="Target View",
         description=(
             "View of the target transform. If left empty, the"
-            " source View value will be used."
+            " scene View value will be used."
         )
     )