Apple took over the 2011 Final Cut Pro User Group SuperMeet at this year's NAB conference and introduced the next version of its award-winning video editing Final Cut software.

Final Cut X (the Pro is no more) will hit stores in June, and will retail for $299. Apple did not mention what upgrades will happen to its other professional media editing programs like Soundtrack, Motion, or DVD Studio.

This is the first major overhaul of the software in 10 years. Apple told attendees that the new Final Cut was rebuilt completely from scratch. Some of the new features include:

  • Completely 64 bit
  • Grand Central Dispatch support
  • Extremely scalable. According to Apple it will run great on anything from a Mac Pro to a MacBook
  • Built in color matching
  • Instant background rendering
  • New Inline Precision Editor: Instantly shows unused footage on an edit
  • Timeline Index lets you search for clips in your timeline by name or tag
  • Resolution independent playback

Check out a short clip of the presentation shot by @robimbs below. For more info on the keynote, head over to Mac Rumors.

[via Mac Rumors]