VideoStudio supports VFX-type plug-ins from providers like NewBlue. Proxy files are smaller versions of the video source that stand in for the full-resolution source during editing to improve performance. VideoStudio supports editing of high-definition video. This feature also makes final rendering much faster. A feature that Corel calls "SmartRender" renders only the edited portions of video, so a user can preview edited footage without VideoStudio creating temporary files. The soundtrack can be split from the video track, allowing the audio to play at a different pace than the video.
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It provides tools that let the user trim, crop, and split video tracks. VideoStudio can change apparent video playback speed, reverse it, and modify hue and saturation.
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The user must remove a particular color from the overlay video so that the required background or picture can appear in the foreground. However, the number of overlays allowed is limited. Users can overlay a Flash animation, an image, or text on the video.
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VideoStudio also supports direct DV and HDV capturing to disk. Different formats are supported for source clips, and the resulting video can be exported to DVD, AVCHD, HD-DVD and AVI.
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The software allows both storyboard and timeline-oriented editing.