There is a lot of pricey (looking at you DaVinci) commercial video editing software out there but the open source and/or free stuff is pretty poor. I use Pinnacle - they charge about $60 for each upgrade and I really like it - they keep current on the new video formats and it can output in all sorts of formats as well as burn CD-ROMs, DVD's, dual-layer DVD's, BluRay, etc... Been using it for over ten years.
Just got turned on to kdenlive and it looks excellent - from their about page:
Kdenlive is an acronym for KDE Non-Linear Video Editor. It is primarily aimed at the GNU/Linux platform but also works on BSD and MacOS. It is currently being ported to Windows as a GSOC project.
Non-linear video editing is much more powerful than beginners’ (linear) editors, hence it requires a bit more organization before starting. However, it is not reserved to specialists and can be used for small personal projects.
I run Linux on a couple machines and prefer the KDE windowing environment so this is a major plus. Here is the link to the kdenlive website
My main focus is music and I use Cakewalk's program Sonar (twenty years familiarity in this case) but I also use and love the free Audacity - good stuff too!
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