Apple's new target demographic.
I have to say, this news is rather disheartening. I've been following this Final Cut Studio saga for a long time now, and I've had a really bad feeling that something like this was going to happen. Initially I was worried Final Cut would be dissolved (i.e. Shake), but I emailed Steve asking if FCS's future was safe and he responded as was quoted in this article. Now it seems Final Cut will remain, but turn into a program for soccer moms and wannabe teen filmmakers, rather than the professionals who use it now, such as Francis Ford and the Coen Brothers. While I hope the rumor is bogus, I'm pretty convinced it's not, knowing AI's track record. Hopefully, rather than being a radical re imagining, little consumer tidbits are sprinkled in as bonus, while the core of the pro software remains.
At this point, it's in God's hands. God and Steve Jobs. And the wretched Randy Ubillos.