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Telestream's compression software: Episode

Telestream, the developers of Flip4Mac, have updated their professional Mac compression software Episode to 4.2. In the new version, Episode adds support for C-1 encoding (the SMPTE-standard video codec) and WMA Pro audio plus HDV and IMX encoding and support for 5.1 audio encoding. It also includes a channel mapping filter for surround sound, the ability to add bumpers and trailers to encoded clips, and Apple help. Telestream claims the Episode Engine is the only server-based encoding solution for Intel Xserves that offers native SD and HD encoding of all QuickTime formats plus Flash 8, Windows Media, H.264, and MPEG-1/2.

Episode comes in two forms: desktop (from $395) and workgroups (from $6500). Upgrades are free.

(via Tuaw)
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