In this video tutorial, CineForm's David Newman shows you how to use the free GoPro CineForm Studio 1.1 to convert and edit a 4×3 photo sequence into 16×9 time lapse footage.
The free software, which comes from GoPro's newly acquired and well-known CineForm division, lets you import H.264 compressed .mp4 files from most cameras and tweak exposure, contrast, saturation, timing (for slo-mo), color and image rotation. You can also crop, zoom and up- or down-res your clips. The 3D convergence tools, however, only work with 3D footage imported from a GoPro camera. The free software is available for download here for Windows XP/Vista/7 and Mac OS X 10.6.3 – 10.7.2.

Those who need to work with more complexity, like alpha channels, will need to purchase CineForm Neo, recently rebranded as GoPro CineForm Studio Premium. Essentially, the software combines the top feature sets from Neo HD and Neo 4K into one package aimed at both 2D and 3D broadcast and feature film production. When it begins shipping in the next few weeks, it will list for $299, the previous price of CineForm Neo. CineForm Studio Professional, which is optimized for Phantom, Alexa, SI, and RED stereo rigs and available for $999, is also due to begin shipping shortly.

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