Lightworks editing software is going open-source

EditShare, the company behind Academy and Emmy award-winning video editing software Lightworks announced plans to release its product under an open source license. Lightworks was most recently used to edit movies like Shutter Island and Centurion, but is also credited with helping create otehr films like Hitchhiker's Guide to the Galaxy and Mission Impossible.

This is very exciting, since it could be an incredible boon for machinima directors who are on a small budget.

For more information about the software and how to get your hands on it, click here.