This one comes as a shock!
Adobe has bought Serious Magic, creators of fine software such as DVRack, ULTRA2, VlogIt, and all sorts of crazy programs that we video makers love to death.
Adobe said in the press release:
The purchase of Serious Magic accelerates our vision to make, not just video but all dynamic media, an even more ubiquitous communications vehicle, whether you’re delivering content for the broadcast market, over the web or on mobile devices.
The scary part for me was that they mention Flash Video so many times throughout the release. They obviously want Flash to be the ubiquitous platform for web video, but Serious Magic’s software is not aimed at that area of production — that’s where Adobe should be adding Flash export or similar features to Premiere.
Adobe has stated that there are no plans to stop selling any Serious Magic products. I can, however, see this making some of DVRack competitors like ScopeBox getting a few more glances.