OpenShot Video Editor is a free, open-source, non-linear video editor. It can create and edit videos and movies using many popular video, audio, image formats. Create videos for YouTube, Flickr, Vimeo, Metacafe, iPod, Xbox, and more!
Features include: Multiple tracks (layers)Compositing, image overlays, and watermarksAudio mixing and editingSupport for image sequences (rotoscoping)Key-frame animationVideo effects (chroma-key)Transitions (lumas and masks)Titles with integrated editor and templates3D animation (titles and effects)