Blackmagic Design develops professional video and film technology products including cameras, video editing software, color correction tools, and video capture cards. The company's flagship product is DaVinci Resolve, a professional video editing and color grading software that comes in both free and paid Studio versions. The paid version is available for a one-time fee of USD 295 and includes lifetime updates. The software offers features like multicam editing support for up to 25 cameras, AI-powered tools for object tracking and effects, and advanced audio post-production capabilities through its Fairlight module. Blackmagic Design manufactures all 209 of its products across three factories in Australia, Singapore and Indonesia. The company generated revenue of USD 576 million for the fiscal year ending June 2021, with profits of USD 113 million. In 2009, Blackmagic Design acquired DaVinci Systems, known for its color correction products. The company entered the camera market in 2012 with the launch of its first Cinema Camera and has since released multiple digital cinema cameras.
Key customers and partnerships
Blackmagic Design's DaVinci Resolve software is used extensively in Hollywood for editing blockbuster movies, Oscar-winning films, TV shows, and commercials. The software is popular among YouTubers and gamers who utilize its free version. In September 2024, the company partnered with United Talent Agency (UTA) for broad representation, with UTA's Production Arts division working closely with Blackmagic's Internal Workflow Team to connect decision-makers in film/TV production and post-production with the company's technological ecosystem.
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