You can do most basic chores in cut, including importing, trimming, adding dissolves, creating titles, mixing audio and matching color from shot to shot.
It now powers DaVinci's speed warp motion retiming, provides better footage up-scaling, while also doing auto color and color matching, facial recognition and more.
You can even use it for batch processing by having it recognize clips with specific people and organizing them into bins.
If you already have a version of Studio, like the one that's included with the BMPCC 4K camera, you'll get the update for free.
Original article