In our second lesson we're taking a look at creating a project from start to finish in both Final Cut Pro and Adobe Premiere Pro CS5. This is a long one, but subsequent lessons will deal with smaller subjects as the first two are really about getting to know the editing workflow. Once you've got those skills down, the other stuff is quite a bit easier and we can get through it quickly. So, stay tuned for effects, color correction, and exporting your edits in various formats (for physical and digital delivery).

AT&T mobile phones are seen for sale alongside T-Mobile phones at a RadioShack electronics store in Los Angeles August 31, 2011.

Credit: Reuters/Danny Moloshok

FRANKFURT (Reuters) - Deutsche Telekom AG (DTEGn.DE) could miss out on a multi-billion dollar break fee if regulatory hurdles cause the failure of its $39 billion deal to sell T-Mobile USA to AT&T (T.N), a person familiar with the matter said.

"There are a number of options under which the (break fee) contract will not come into effect," the person, who is familiar with the contract, told Reuters on Monday.

Deutsche Telekom declined comment.

The U.S. government last week sued to block AT&T's purchase of T-Mobile USA, a deal that would vault the combined company above Verizon Wireless as the No. 1 player in the United States.

As part of the AT&T deal, Deutsche Telekom had secured a break fee comprising $6 billion in cash and other assets should regulators reject the deal.

But the source said on Monday that AT&T will only have to pay that fee if certain conditions are met.

For instance, the acquisition has to receive regulatory approval within a certain timeframe, the source said. Otherwise, the contract is void.

Also, the value of T-Mobile USA may not fall below a certain level, the person said. That could happen, for instance, if regulators demand that parts of the company be sold as a condition for approval of the deal.

Shares of Deutsche Telekom fell 1.8 percent to 8.58 euros by 0920 GMT (5:20 a.m. ET). The stock has lost about 17 percent of its value over the past month.

AT&T's Frankfurt-listed shares (T.F) were down 1.5 percent.

A German government official said on Thursday a deal for AT&T to buy T-Mobile USA could still be reached as the U.S. Department of Justice is holding talks with the two companies.

AT&T is expected to soon present a proposed solution to U.S. antitrust regulators to salvage the deal, people close to the matter said last week.

(Writing by Maria Sheahan; Editing by David Holmes)

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A model holds a Samsung Electronics' new tablet 'Galaxy Tab 10.1' as she poses for photographs during its launch ceremony at the company's headquarters in Seoul July 20, 2011.

Credit: Reuters/Jo Yong-Hak

SEOUL (Reuters) - Samsung Electronics Co has stopped promoting its new tablet computer at Europe's biggest consumer electronics fair after a court-ordered sales injunction in Germany, the latest setback in its global patent battle with Apple Inc.

A Dusseldorf court ordered the South Korean company to stop selling Galaxy Tab 7.7 on Friday when the annual IFA electronics show started in Berlin. The move follows an earlier ban on German sales of Samsung's Galaxy Tab 10.1 by the court in late August until its final ruling on September 9.

The Galaxy Tab 7.7 is the latest addition to Samsung's range of Galaxy products. It was first unveiled at the show along with 5.3-inch Galaxy Note, which Samsung hopes to create a new product category with and fill the gap between smartphones and tablets.

"The product is not on sale yet but we've decided to respect the court order," Samsung spokesman James Chung said.

Samsung and Apple have been locked in acrimonious battle over smartphones and tablets patents since April as Apple seeks to rein in the growth of Google's Android phones by taking directly aim at the biggest Android vendor, Samsung.

Apple has argued that Samsung had infringed on its patents and the Galaxy line of smartphones and tablets "slavishly" copied its design, look and feel. It is fighting legal battles in the United States as well as Europe, South Korea and Australia.

The battle forced Samsung to delay its tablet sales in Australia twice.

Samsung has counter-sued, arguing Apple infringed its wireless patents.

The Galaxy Tab 7.7 is powered by a dual 1.2 GHz processor and uses a 7.7-inch super-bright active matrix organic light emitting diode (AMOLED) screen.

(Reporting by Miyoung Kim; Editing by Lincoln Feast)

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The new Sony Tablet S2 is displayed with the Tablet S1 (rear) by company representatives during a press availability in New York in this July 13, 2011 file photo.

Credit: Reuters/Brendan McDermid

TOKYO (Reuters) - Japan's Sony Corp, Toshiba Corp and Hitachi Ltd said on Wednesday they will merge their liquid-crystal display operations using government-backed funding, to better compete with low-cost panels from South Korea and Taiwan.

The merger, to be completed by spring 2012, will create the world's largest maker of small panels used in smartphones and tablet PCs, leapfrogging global leaders Sharp Corp and Samsung Electronics.

The 90 percent government-owned Innovation Network Corp of Japan will eventually invest about 200 billion yen ($2.6 billion) in the merged unit, taking a 70 percent stake, while each of the three companies will take a 10 percent stake.

An industry shakeup has been overdue in the face of panel price falls along with ever advancing technological demands and volatile output demands.

All three firms have hesitated about investing in a new line to compete against Sharp, which is due to receive a $1 billion investment from Apple Inc.

Sony has been weighed down by chronic losses in its TVs, Toshiba is speeding up plans to shrink its chip business, while Hitachi has been looking to distance itself from the panel business to focus on infrastructure operations.

"We will probably see oversupply (in small LCD panels) in the near future," said Shigeo Sugawara, a senior investment manager at Sompo Japan NipponKoa Asset Management. "It's not a business that will likely provide stable profits in the mid- to long term."

The three firms together controlled 21.5 percent of the market for small and medium-sized displays last year, larger than Sharp with 14.8 percent or Samsung Mobile with 11.9 percent, according to research firm DisplaySearch.

But how the three, which use two different types of display technology, will merge operations is unclear. Nor did the companies' initial announcement include plans for streamlining business overlap.

"The parent companies have found a most convenient buyer for their factories and staff," said Yoshihisa Toyosaki, head of Japanese research firm and consultancy Architect Grand Design.

"The assets of the merged entity will be huge. Without restructuring, there is no way that this company will win against Sharp, or rivals from South Korea, Taiwan, and eventually China."

The three firms will focus on developing next-generation displays, including thinner organic light-emitting diode displays with higher resolution, the three firms said in a joint release.

Hitachi has been in separate talks with Taiwan's Hon Hai Precision Industry, better known as Foxconn Electronics Inc, about a joint venture in LCD panels, sources have said.

Talks with the parent of Chimei Innolux Corp broke down when Hitachi failed to grab a key contract with Apple, one industry source said.

Ahead of the announcement, well-flagged by media, shares in Sony closed down 1.8 percent, Toshiba fell 2.4 percent and Hitachi rose 0.5 percent. The market benchmark Nikkei average ended flat.

($1 = 76.735 Japanese Yen)

(Additional reporting by Isabel Reynolds, graphic by Christine Chan; Editing by Michael Watson)

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Related Video

Exclusive: Apple readies cheaper iPhone 4 - Reuters sources

12:56pm EDT

The Apple Inc corporate logo is pictured on the rear side of the company's Macbook Air notebook computer in Virginia, August 10, 2011.

Credit: Reuters/Jason Reed

TAIPEI/HONG KONG (Reuters) - Asian suppliers to Apple Inc have begun manufacturing a lower-priced version of its hot-selling iPhone 4 with a smaller 8 gigabyte flash drive, according to two people with knowledge of the matter.

The flash drive for the 8GB iPhone 4 is being manufactured by a Korean company, one of the people said Tuesday, declining to name the company. Apple currently sources its flash drives from Japan's Toshiba and South Korea's Samsung Electronics.

The sources declined to be identified because the information has not been made public.

Apple, which demands high levels of secrecy and security from suppliers and employees, declined to comment. Samsung also declined to comment.

The existing iPhone 4 was first launched in June 2010 with 16 GB and 32 GB versions, with a white version added to the lineup in April. The 8GB version is expected to launch within weeks, the sources said.

Some analysts said the cheaper 8GB iPhone 4 could help Apple boost sales in emerging markets.

"Apple may want to push into the emerging market segment where customers want to switch to low- to mid-end smartphones from high-end feature phones, which usually cost $150-200," said Yuanta Securities analyst Bonnie Chang.

"But I think for an 8GB iPhone 4 the price is hard to go below $200, so Apple will still need a completely new phone with low specifications for the emerging markets."

IPHONE 5 BY END-SEPT?

In addition to the launch of the smaller iPhone 4, Apple is targeting an end-September launch for the next-generation iPhone 5, one source said, confirming earlier reports on Apple follower blogsites and industry websites.

The new iPhone, which some call the iPhone 4S because of its largely identical appearance to the existing iPhone 4, will have a bigger touch screen, better antenna and an 8-megapixel camera, one of the people said.

The iPhone 5's two manufacturers have been told to prepare production capacity for up to 45 million units altogether, the source said. The phone will be made by Hon Hai and Pegatron, the person added.

Apple sold 20.34 million iPhones in the second quarter versus an expected 17 million to 18 million, and is increasingly looking to Asia to boost future earnings.

The company's COO Tim Cook said in July the company is particularly optimistic about Greater China.

"I firmly believe that we are just scratching the surface right now," Cook said about China. "I think there is an incredible opportunity for China there."

Asia-Pacific -- which accounts for about one-fifth of its total revenue -- and Greater China in particular, helped Apple's revenue surge 82 percent to $28.6 billion in April-June.

Overall, Asia-Pacific revenue more than tripled to $6.3 billion in the quarter.

(Additional reporting by Poornima Gupta in SAN FRANCISCO, Roger Tung in TAIPEI and Miyoung Kim in SEOUL; Editing by Lincoln Feast and Muralikumar Anantharaman)

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