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You didn't mention whether you use Macs or PCs. For Mac users the gold standard for video editing is Final Cut Pro, but it sounds like that would be overkill for what you need. You can literally edit a feature film using Final Cut Pro, but that makes it potentially overwhelming for "casual" use. iMovie, which is also on Macs, as I'm sure the "i" tipped you off, sounds like it could do everything you need, and it is much more simple to use than Final Cut. I am not as familiar with editing software for PCs; even though most of our computers are PCs, I always use the Macs for video editing.
Video Edit Magic 4.4 is a new release for small business use. Video Edit Magic works with AVI, WAV, WMA, WMV, ASF, MPEG, QuickTime, AIFF, AU, SND and MIDI media file formats and BMP, GIF, JPEG and TGA image file formats.
You may also increase or decrease the duration of your video clip and change its play speed without needing to change the frame-rate of your video file.
ome amazing things that you can do with this software is: Capture Videos using any input device, digital video camera, Web Cam or VCR. Edit the audio and video components of a single media file separately. Give effects to your videos. Decorate your videos with more than 150 unique transitions. Overlay one video over another. Add a background score / voiceover to your video file. Vary the volume over time. Incorporate Text titles in your videos. Change the duration of your media file. Cut copy and paste clips from one media file to another. Join multiple media clips into a single media file. Trim your videos and audios. Edit the audio and video components of a single media file separately, etc.