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NEW Editing finesse - Edit more efficiently with a redesigned Timeline, intuitive track targeting, and dozens of new shortcuts. See critical information such as duplicate frames and through edits. With Paste Attributes, you can copy and paste the specific effects you need from one clip to another.
NEW Link & Locate - Modern productions are built on hundreds (if not thousands) of clips. It's easy to lose track of files and backups saved on multiple drives. Link & Locate helps you track down your clips quickly, making media management and your productions more efficient.
NEW Lumetri Deep Color Engine - Quickly apply rich, beautiful, preset color grades in Adobe Premiere Pro thanks to the Lumetri™ Deep Color Engine. With the Looks Browser, preview and add looks from Adobe SpeedGrade™ as easily as adding a dissolve. Also import LUTs from other systems.
NEW Precise audio control - Control sound with the Audio Clip Mixer, adjusting clips independently for a perfect mix. Get hands-on with an audio control surface for more precision. Fine-tune with the TC Electronic Radar Loudness meter, and access effects plug-ins like VST3 and Audio Units (Mac OS only).
NEW Adobe Anywhere integration - Adobe Premiere Pro integrates with Adobe Anywhere* for video. Team members work with files on a shared server without downloading. Avoid versioning problems. Make and review edits from any location. Assemble the best team with no geographic limits.
NEW Mezzanine codecs, native formats - Industry-standard mezzanine codecs are built in. Edit cross-platform with Apple ProRes (encode on Mac OS 10.8 only). Get cross-platform support for MXF-wrapped Avid DNxHD files. Natively edit even more formats thanks to new support for Sony XAVC and Panasonic AVC-Intra 200.
NEW Closed captioning - Brand-new capabilities for importing and manipulating closed captions have been designed with editors in mind. Intuitively import, view, edit, adjust positioning and layout, and export media with closed captions either embedded or as separate files.
NEW Mercury Playback Engine - Now, more editors get real-time performance when working on complex sequences, thanks to support for a wider range of GPUs. Get enhanced, cross-platform support for OpenCL and CUDA. Render less often, work faster with third-party effects, and face deadlines with more confidence.
NEW High-fidelity interchange - Get greater accuracy and a smoother workflow when importing or exporting Avid or Final Cut Pro projects. AAF import is more accurate, with improved support for DNxHD media. And, you can choose just the sequences you want when exporting to XML or AAF.
NEW Sync Settings - Now you can walk into any edit bay in the world, sync your settings with Creative Cloud, and all your customized settings including workspaces and keyboard shortcuts will be exactly where you want them.
NEW Improved multicam editing - Working with multiple video angles just got easier. Set up multicam edits faster with a streamlined workflow. Sync single shots or entire bins of footage all at once using audio waveforms. You can even mix frame rates and codecs in the same sequence.
NEW Adobe Story panel - Adobe Story Plus included with Creative Cloud membership is a robust scriptwriting tool. Import scripts and the associated metadata with the new Story panel in Adobe Premiere Pro. Quickly navigate to specific scenes, locations, dialogue, and characters as you edit.
NEW Project browsing - Spend less time searching and more time editing. Find and ingest content faster with the improved Media Browser. Browse existing projects to find the specific sequences and media you need and import them into your current project.
NEW Multiple GPU export support - Adobe Premiere Pro can now take full advantage of computers with multiple GPU cards for significantly accelerated export times. Rendering and compression just got a whole lot faster.
NEW Adobe Exchange panel - Give your editing system a boost with the latest plug-ins and extensions. The Adobe Exchange panel is a convenient way to browse, install, and find support for free and paid add-ons.
Real-time performance - Edit faster. Take advantage of real-time performance to edit, trim, or adjust effects even do three-way color correction without interrupting playback.
Timesaving editing features - With increasingly demanding deadlines, you'll appreciate streamlined tools that help you stay ahead of the clock: advanced trimming tools, HoverScrub, the Find Gaps command, the ability to navigate the Timeline panel with gestural trackpad controls, and more.
World-class effects - Achieve your vision using an effects toolset that's built on more than 20 years of imaging experience. Quickly fix color, stabilize shaky footage, and create adjustment layers to enhance your footage. Clean up noise, change speed with time remapping, and more.
Project and media management - Keep your projects running smoothly with task-based workspaces that let you focus on the job at hand. Quickly find media with HoverScrub and RapidFind search results. And get immediate updates when you replace, relink, or modify a clip.
Unparalleled Adobe integration - Go from script to screen using a tightly integrated workflow. Move assets through the production process with ease even eliminate intermediate rendering with Adobe Dynamic Link. With Creative Cloud, you have every Adobe creative tool, always with the latest features.
NEW Broad format support - Get true native support for a wide range of source formats with no need for transcoding or rewrapping. Import files fast and get immediate, render-free playback. For tape-based workflows, the new Edit-to-Tape panel allows for easier layback (third-party hardware required).
End-to-end metadata workflow - Use metadata that travels throughout your workflow for smarter editing and streamlined post-production. Import metadata-infused Adobe Story scripts and sync them to footage. Jump-start your edits by importing rough cuts with associated metadata from Adobe Prelude™.
NEW Enhanced monitoring - See the details you need right in the Source and Program Monitor panels. Switch between video and audio waveforms with one click. See improved title and action safe guides. Plus, the whole app is updated with HiDPI support for enhanced viewing on the newest monitors. (Mac OS only)
Greater audience reach - Reach more audiences with files optimized for tablets, web, smartphones, and TV. From capture to delivery, metadata makes assets manageable. Create engaging experiences, and use embedded markers to make online content easier for audiences to discover with search engines.
What's new in Premiere Pro CC release version 7.2.1

*Intermittent Buzzing could occur on audio playback where audio transitions were present
*Reveal in project sometimes did not work in imported sequence when clips were present in the project
*Premiere Pro could occasionally crash on playback of certain multi cam assets
*Using matte cleanup tools in Ultra keyer could sometimes cause the top half of the image to disappear when paused in Open CL mode
*Autosave could sometimes interrupt playback.
*The AMD Radeon R9 290 Series has been added to the OpenCL supported card list
*Inserting a merged clip with in/out points via menu or command would insert the entire merged clip, not the in/out range
*Playing with preroll could sometime crash Premiere Pro
*When editing in Anywhere mode, adding synthetics would sometimes show a 10 digit number under the progress panel’s Name column
What's new in Premiere Pro CC release version 7.2.0
*Voice-over recording directly in the Timeline has been enhanced.
--A pre-roll overlay in the Program Monitor counting down to the time when recording will start
--The ability to pre-roll before the sequence start time
--A new dedicated voice-over record button which can be added to the Audio Track header, and includes pre-roll functionality
--A red record status indicator in the Program Monitor when recording is taking place, including a count-out to the end of a recording when an Out Point has been set
*Multiple Media Browser panels can be open at once for browsing multiple projects or locations simultaneously
*Clip selection overrides track targeting for multiple editing commands (such as Match Frame, Mark Clip, Lift/Extract, Add Edit, etc.)
*Single camera multi-cam only shows single camera in the Source and Program Monitors
*A sequence can be created by dragging media to an empty Timeline panel
*The Ripple Delete command can be used with an In/Out range set in a sequence
*Mercury Transmit can output a Dolby E stream for external hardware decoding
*AVCi100 .mov files can be smart-rendered to MXF-wrapped AVCi100
*OpenCL performance has been improved
*The active source clip name is shown on multi-cam clips used in a sequence
*With a sequence or sequences selected in the Project Panel, a new project can be created from just those sequences by using File > Export > Selection as Premiere Pro project
*Markers can be exported from any asset or sequence to a document, as a .csv or .html file with thumbnails
*Clip markers can be added to selected clips in the timeline without needing to load them into the Source Monitor
*Multicam sequences can be created with a custom preset for switched audio
*Playback performance with XAVC 60p 4K media using Matrox hardware has been improved
*OP1a formats can be used for preview renders
*Improved AVC-Ultra support
*OMF export improvements, especially when working with adaptive audio tracks
* Detailed infomation : http://blogs.adobe.com/premi...ere-pro-cc-update-7-2-1.html
System requirements
- Intel® Core™2 Duo or AMD Phenom® II processor; 64-bit support required
- Microsoft® Windows® 7 with Service Pack 1 (64 bit) or Windows 8 (64 bit)
- 4GB of RAM (8GB recommended)
- 4GB of available hard-disk space for installation; additional free space required during installation (cannot install on removable flash storage devices)
- Additional disk space required for preview files and other working files (10GB recommended)
- 1280x800 display
- 7200 RPM or faster hard drive (multiple fast disk drives, preferably RAID 0 configured, recommended)
- Sound card compatible with ASIO protocol or Microsoft Windows Driver Model
- QuickTime 7.6.6 software required for QuickTime features
- Optional: Adobe-certified GPU card for GPU-accelerated performance
- Internet connection and registration are necessary for required software activation, membership validation, and access to online services.
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Homepage :http://www.adobe.com/products/premiere.html