Adobe Premiere.

Adobe Premiere Pro is a real-time, timeline based video editing software application. It is part of the Adobe Creative Suite, a suite of graphic design, video editing, and web development applications made by Adobe Systems, though it can also be purchased separately. Even when purchased separately, it comes bundled with Adobe Encore and Adobe OnLocation. Premiere Pro supports many video editing cards and plug-ins for accelerated processing, additional file format support, and video/audio effects. Premiere Pro CS4 is the first version to be optimized for 64-bit operating systems, although it is not natively 64-bit.[1]
Premiere Pro is the redesigned successor to Adobe Premiere, and was launched in 2003. Premiere Pro refers to versions released in 2003 and later, whereas Premiere refers to the earlier releases. Although the first two versions of Premiere Pro only supported Windows, Premiere Pro CS3 is available for both Windows and Mac OS (only Intel-based Macs are supported), making it one of the few cross-platform NLEs available.
Premiere Pro is being used by broadcasters such as the BBC[2] and The Tonight Show[3]. It has been used in feature films, such as Dust to Glory, Captain Abu Raed[4], and Superman Returns[5] (for the video capture process), and other venues such as Madonna's Confessions Tour[6].
Features:-
Premiere Pro supports high quality video editing at up to 4K x 4K resolution, at up to 32-bits per channel color, in both RGB and YUV. Audio sample-level editing, VST audio plug-in support, and 5.1 surround sound mixing are available for high audio fidelity. Premiere Pro's plug-in architecture enables it to import and export formats beyond the constraints of QuickTime or DirectShow, supporting a wide variety of video and audio file formats and codecs on both MacOS and Windows.
Version 1.5 improved support for high-definition video content, and added new project management tools and new filters. It also included support for 24p footage. Version 1.5.1 added support for HDV. Version 2.0 further refines 24p and HDV editing, and it is the first major NLE to natively support the Canon 24F[7] format on cameras such as the Canon XL H1, with an additional update.[8][9] Since version 2.0, Premiere Pro has required a processor that supports SSE2, which is unavailable in some older processors.[10]
Premiere Pro CS3 added support for output to Blu-ray Disc, MPEG-4/H.264 and Flash-based web sites, as well as Time Remapping, an easy-to-use variable frame rate implementation. Starting in Premiere Pro CS3, Adobe Encore is included for authoring menus and interactivity for DVDs, Blu-ray discs, and Flash projects for the web. Adobe OnLocation (now cross-platform as of CS4) is also included for direct-to-disc recording and monitoring. Updates to Premiere Pro CS3 have added native support for new camera file formats. 3.1 added native Panasonic P2 MXF import, editing, and export of DVCPRO, DVCPRO50 and DVCPRO HD material. 3.2 added native XDCAM HD and EX import and editing.
Integration
Premiere Pro is integrated heavily with Adobe After Effects, an industry-standard for motion graphics and compositing. Compositions from After Effects can be imported into Premiere Pro and played back directly on the timeline. The After Effects composition can be modified, and after switching back to Premiere Pro, the clip will immediately update with the changes. Likewise, Premiere Pro projects can be imported into After Effects. Clips can be copied between the two applications while preserving clip attributes. Premiere Pro also supports many After Effects plug-ins.
Premiere Pro also integrates well with Adobe Photoshop. Photoshop files can be opened directly from Premiere Pro to be edited in Photoshop. Any changes will immediately be updated when the Photoshop file is saved and focus returns to Premiere Pro.
There are other integration functions, such as Edit in Adobe Soundbooth, Export to Encore, and Reveal in Bridge.
Additional to the effects and transitions included with Premiere Pro, a number of both commercial and free third party plug-ins are available to enhance the software's capability.
Advantages over Premiere Elements
An entry-level version, Adobe Premiere Elements, is available for the consumer market on Windows. Some of the notable advantages of Premiere Pro over Premiere Elements are multiple sequence support, high bit-depth rendering, multicamera editing, time remapping, scopes, color correction tools, advanced audio mixer interface, and bezier keyframing. Premiere Pro also includes Encore for more elaborate DVD menu authoring and Blu-ray Disc authoring, and OnLocation for direct-to-disk recording.
Release history:-
Adobe Premiere 1.0Mac
December 1991[11]
First release of Premiere
QuickTime multimedia and VideoSpigot format support
PICT image support
Supported up to 160 x 120 pixels movie creation
Supported 8-bit audio
Supported output to video tape[11][12]
Adobe Premiere 2.0
Mac
September 1992[13]
QuickTime video and audio capture support
Title creation
Title, Sequence, and Construction windows
Slow/fast motion support
5 audio and 41 movie/still-image filters
49 special effects
16-bit, 44 kHz audio support
Filmstrip file format introduced
Numbered PICT sequence support
EDL support
Illustrator text import
SMTPE timecode support[13][14]
Adobe Premiere 3.0
Mac
August 1993[15]
99 stereo audio tracks
97 video tracks
Video waveform monitor
Sub-pixel motion and field rendering
Batch digitizing
Full framerate preview from disk
Enhanced title window[15]
Adobe Premiere 1.0
Windows
September 1993[16]
First release of Premiere application for Windows platform
24-bit AVI and QuickTime video format support
Autodesk Animator file support
AVI, AIFF, and WAV audio format support
Still image support (Photoshop, BMP, DIB, PCX, PICT, PCX, and TIFF formats)
Two video tracks, three audio tracks, and one transition and superimpose track
No EDL, titling, and motion and device control available in then current Mac (v3.0) release[17][18][19]
Adobe Premiere 1.1
Windows
February 1994[20]
AdobeCap video capture module
Expanded graphics and audio file support
TARGA and ADPCM file support
Image sequence import support[20][21]
Adobe Premiere 4.0
Mac
July 1994[22]
Support for 97 superimposition tracks plus two A/B tracks
Trim window
Dynamic previewing
Custom filter and transition creation
Time variable filters
Batch capture
Time-lapse capture
NTSC 29.97 frame rate support[22][23][24]
Adobe Premiere 4.0
Windows
December 1994[25]
Adobe moves Windows platform release of Premiere directly from v1.1 to v4.0
Premiere 4.0 for Windows matches capabilities of Premiere 4.0 for Macintosh[26]
Adobe Premiere 4.2
Mac
October 1995[27]
CD-ROM Movie Maker Plug-in
Data rate analysis tool
Power Macintosh-native Sound Manager 3.1[27]
Adobe Premiere 4.2
Windows
April 1996[28]
32-bit architecture
Long File Names support
Background compiling
Batch movie maker
4K output support
Right-mouse button support
Uninstaller utility[29]
Adobe Premiere 4.2 for Silicon Graphics
UNIX/SGI
July 1997[30]
SGI O2 platform exclusive release
IRIX 6.3 integration
OpenGL accelerated versions of transition and special effects plug-ins
Platform-specific plug-ins by Silicon Graphics for combining 3D and video content[31]
Adobe Premiere 5.0
Windows and Mac
May 1998[32]
Source/Program editing
Title window editor
Keyframeable audio and video filters
Collapsible tracks
Up to three hour project length support[32][33]
Adobe Premiere 5.1
Windows and Mac
October 1998[34]
QuickTime 3.0 support
DPS Perception support
Preview to RAM
"Smart" Preview file Timeline export
Multi-threaded, dual processor support[34]
Adobe Premiere 6.0
Windows and Mac
January 2001[35]
Support for web video and DV formats
OHCI support
Title editor
Storyboard
Audio mixer
Timeline video track keyframes
Adobe Premiere 6.5
Windows and Mac
August 2002
Real-time preview
Adobe Title Designer
Exporting to DVD as MPEG-2
Adobe Premiere Pro 1.0(Adobe Premiere 7.0)
Windows
August 21, 2003
Rewritten source code for the whole program
Multiple nested timelines
Color correction tools
Sample-level audio editing
Track-based audio effects
5.1 surround sound support
VST audio filters and ASIO audio hardware support
AAF export
Customizable keyboard shortcuts
Adobe Media Encoder
Adobe Premiere Pro 1.5
Windows
May 24, 2004
Project Manager
Panasonic 24p support
Effects favorites
Project-ready Photoshop file creation
Automatic loading of built-in After Effects plug-ins
After Effects clipboard support
One-click color correction
AAF and EDL import and export
New DeEsser and DeHummer audio filters
New GPU effects
Bezier keyframe controls
Adobe Premiere Pro 1.5.1
Windows
March 1, 2005
HDV support
Adobe Premiere Pro 2.0
Windows
January 17, 2006
Docking Workspaces
Multicam editing
Adobe Clip Notes
Dynamic Link with After Effects projects
DVD authoring from the timeline
Native HDV editing
Native SD and HD support
Enhanced color-correction tools
10-bit and 16-bit color resolution support
32-bit internal color processing
GPU-accelerated rendering
Adobe Premiere Pro CS3
Windows and Mac OS X
July 2, 2007
Output to DVD, Blu-ray Disc, and Flash
High-quality slow motion with time remapping
Direct-to-disc recording and professional on-set monitoring
Publish Adobe Encore projects to the web
Multiple project panels with smart file search
Improved editing efficiency
Output for mobile devices
Help documentation available online
Adobe Premiere Pro CS3 v3.1.0
Windows and Mac OS X
October 18, 2007
Native Panasonic P2 MXF import, editing, and export
Adobe Premiere Pro CS3 v3.2.0
Windows and Mac OS X
April 14, 2008
Native Sony XDCAM MXF import and editing
Adobe Premiere Pro CS4
Windows and Mac OS X
September 23, 2008[36]
AVCHD support, but not in the trial version
Adobe Premiere Pro CS4 v4.0.1
Windows and Mac OS X
November 20, 2008[37]
Final Cut Pro project import
Adobe Premiere Pro CS4 v4.1.0
Windows and Mac OS X
May 29, 2009[38]
Additional support for REDCODE
Performance improvements to project load time
Improvements to AVCHD support
Performance enhancements for DV/HDV playback
Support for Avid captured DV or IMX footage
Export media to a still format now bypasses the AME render queue
Enabled .VOB extension support
Third-party support
Adobe Premiere Pro CS4 v4.2.0
Windows and Mac OS X
November 10, 2009[39]
Panasonic P2 AVC-Intra material is now supported; new sequence presets are also included for editing this format