Yep! You still need to install QT if you intend to do QT reference exports in the current version of MC.
The Avid Knowledge Base article "QuickTime Support and Security on Windows" detailing the modified for security installation process, found at https://avidtech.my.salesforce-sites.com/pkb/articles/how_to/QuickTime-Support-and-Security-on-Windows hasn't been updated since 10/10/2017, but it's still posted and apparently for a good reason.
Cheers,
Karl Knowles
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