You might get a surprise when you open Avid Studio on the iPad today. A pop-up message advises users that the app won't get any more support. Users are urged to download Pinnacle Studio, a similar high-end editing app owned by Corel. The changes are a result of Corel buying the consumer line of Avid editing tools. Avid Studio was US$4.99, but Pinnacle Studio, at least for now, is free.
The Avid app and new Pinnacle app are very powerful, with a great many features not contained in Apple's iMovie for iOS.
The Pinnacle app allows the creation of projects containing video, audio and photos that can all be placed into the editing timeline. The app supports 16 transitions, title creation, and video compositing. Files can be shared via YouTube, Facebook, Box, Apple TV and more. Projects can be exported in 1080p to Pinnacle Studio which runs on a PC. Media can be imported using the iPad Camera Connection Kit.