YouTube unleashed an update today that adds some basic video editing features to its online video platform. Besides basic settings such as stabilization, brightness, contrast, and saturation, the update also offers special effects filters similar to those found on apps like Instagram.
The new video editing capability can be found under the "Edit Video" button and already uploaded videos can now be edited and still retain the same address or be saved as a new video. There are a total of 14 filters at the moment, including Black and White, Cross Process, Lomo-ish, Thermal, and Cartoon effects.
Additionally, any changes made to a video are non-destructive, meaning you can easily flip back to the original. Copyrighted videos or videos with over a thousand views can be edited as well, but must be saved as a new video. The feature is expected to roll out globally over the course of this evening.