Among the touted updates, Premiere can handle batch encoding and manage footage from tapeless cameras. Supported cameras include: Panasonic P2; Sony XDCAM EX, XDCAM HD, HDV; as well as AVCHD from cameras from Canon, Panasonic, and Sony.
Premiere's integration with OnLocation helps to fine-tune a shoot before it's saved.
This video editor also supports a swath of formats, including FLV and F4V, Windows Media, MPEG-2, H.264, and QuickTime. There's also Blu-ray support. Adobe Device Central helps to optimize content for the latest mobile devices.
Integration with other CS4 applications lets you copy and paste text from Photoshop, and to bring in PSD images layer by layer.