Adobe recently announced the web video production for CS5.5 suite including significant feature additions to After Effects, InDesign, Premier Pro, Adobe Audition, and Adobe Media Encoder, with some new fancy additions to Flash Professional, Flash Catalyst, and Device central. This represents Adobe’s new strategy of a “quicker” update upgrade schedule with CS5 being released a year ago. Adobe also has revealed a new “subscription” purchase option where you are now able to essentially rent the software on a monthly or yearly basis. Oddly missing from the CS5.5 suite are additions and features to Adobe’s cornerstone applications Photoshop and Illustrator, so although the moniker is stated as CS 5.5, not everything has been updated to “5.5”.

The After CS 5.5 release contains some major additions in terms of Stereo Cameras, Warp Stabilizer, the ability to read, preserve and use timecode natively (seriously you would think that this would be something to jump on 15 years ago) and the ability to read an use RED files natively as well as XDCAM EX and XDCAM HD output. Here is a short list, check here for more info.