From the Manufacturer

Ulead VideoStudio is video editing and DVD authoring software that lets anyone do more with video.

Features:

Unmatched ease of use: Three ways to make movies, VideoStudio Editor, Movie Wizard, and DV-to-DVD Wizard, all provide easy, step-by-step editing. With flexible timeline and storyboard modes, an adjustable user interface, and many auto processes, you'll be making videos and discs in no time!
Full-featured DVD authoring: create breathtaking standard and 16:9 widescreen video and slideshow discs.
Powerful tools--ultimate quality: use hundreds of customizable effects, filters, and transitions.
Movie wizard: Ideal for users new to video editing. Select from attractive themes and let auto-editing make your first edits. Use Smart Pan and Zoom to automatically create entertaining photo slideshows. You'll have a complete movie in only three steps.
DV-to-DVD Wizard: In just two easy steps you'll have an authored DVD--with menus, titles, transitions, and music. Transfer an entire tape to DVD without scanning it first. Create DVDs even faster now!
New video filters: Choose from over 45 video filters such as the new Anti-Shake filter that stabilizes video for better-looking movies. Also new are the Enhance Lighting filter that lightens clips that are too dark and the Fish Eye filter, which applies a rounded, bubble-like distortion to your video clips.
Chroma key: shoot your video subject against any uniformly colored background and then substitute the background of your choice.
Overlay tracks: allow you to create picture-in-picture and montage effects.
Multi-Trim Editor with AccuCut Editing: Quickly extract multiple segments from videos with the Multi-Trim Editor. Use Multi-Trim's AccuCut Editing with Timeline Zoom to quickly find any frame for trimming, allowing you to make more precise cuts.
DVD Authoring: Create fully-interactive DVD motion menus and submenus, including 16:9 widescreen. Customize menus by resizing and positioning buttons. Apply menu transitions that segue smoothly between menus and DVD content, and menu filters that allow you to create movement even on static menus, for professional-looking DVDs.