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. 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.
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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The software allows both storyboard and timeline-oriented editing.