UPDATE: If your planning to edit AVCHD files i.e. files in the .MTS format you may be in for a bumpy ride, Resolve 16 doesn't seam to support these files very well and they may need to be "re-wrapped" or converted before editing. This is more of an issue with the AVCHD format itself and they way it encodes the video file (read here https://bit.ly/2Q0AkUB if you want the long story) having said that Adobe premier worked perfectly fine with these files.
After a fair bit of struggling I found that converting the files to .mov (QuickTime format) completely resolved the issues I was having but that is an extra step in workflow and extra storage.
A while ago someone asked me to look into a good product for video editing for low cost or free, my choice is:
Its history is that it used to be a $150,000 "colour grading" program for feature films and TV but has since morphed into a full function video editing program.
I have been using Adobe premiere for the past few years as this has been the gold standard in editing for some time. However due to Adobe's "you-can-never-own-it-only-rent-it-for-the-rest-of-you-life" pricing strategy I have been looking for an alternative.
That alternative is DaVinci Resolve and the price… Zero
I wouldn't call it an easy program to use but its hugely powerful and will serve you from beginner to wherever you want to go, even if that is a full feature movie editor. That said you can churn out a basic cut of a movie fairly quickly if you are familiar with the process of editing. If you are prepared to invest the time it seams like a great product, only took me a week to be editing at the same level as I was with Premier.
The only catch to it is that although they say it can run it on a relatively low specification PC, their idea of low spec might be different to ours, however at $0 it's not a lot to invest to try it out.
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