EditShare will release its video editor as open source this summer. Lightworks handles high-definition media, DPX, and RED, shares projects with Final Cut Pro and Avid, and was recently used by Academy- award-winning editor Thelma Schoonmaker on Shutter Island. Introduced in 1989 and bought by EditShare last year, it ‘has come from over one million hours of software development,’ says EditShare’s James Richings. But he says releasing the source will ‘generate concepts and capabilities never seen before. I expect that the Lightworks Open Source initiative will transform not only the technology, but also the opinions on what a professional editing tool can achieve.’” From the press release’s description, it sounds like the “open source” phase will follow a period of free-as-in-beer downloading.

Wow. This sounds really cool. I know there are open source programs which are similar to photoshop and illustrator, it’s really awesome to find out that there is an open source of professional editing software. I’m really excited to see what kind of technology this will bring in and how it will affect editors.
On a side note. Really amped to find out that an open source technology was used to make a such as Shutter Island. For anyone who hasn’t seen shutter island, the cinematography and special effects in this film are amazing. The story is one that is told time and time again but the visuals of this movie make it all worth while. If something like shutter island can be made with open source editing program then ski is the limit for editors.
Truly great post Jon