Well it is even visible that it is their new Varicam thing, can be released in next 2 years :-)

I'm afraid it will be priced higher than FS5/FS7, by peaking at what is under that sheet I'd guesstimate it is more a F5/F55 competitor and will be priced accordingly. Maybe a smaller one to serve the same niche for the Varicam as the Alexa Mini does the for the bigger Arri cameras? That seems very likely to me.

Evidently JVC is not cannibalizing sales of upper end products with their LS300.

I think Panasonic is afraid of that.

I hope they do come out with a better low light MFT mount competitor to that for less than $5000.

I doubt it will be a VariCam.

My prediction : Alexa Mini competitor , under $20k

This is not the $5000 camcorder you're looking for.

PR

Panasonic today unveiled the VariCam LT, representing the next generation of 4K cinema cameras. The VariCam LT camcorder inherits the same super 35mm sensor and superb imaging capabilities that distinguish the award-winning VariCam 35, but with significant reductions in size, weight and price.

Incorporating this identical imaging “DNA” in a more compact rendition, the VariCam LT (model AU-V35LT1G) delivers 14+ stops of dynamic range with V-Log, and the esteemed cinematic VariCam image quality and colour science, as well as the VariCam 35’s breakout innovation, dual native ISOs of 800/5000.

Weighing just under six pounds and having superior capability to similar sized cameras, the VariCam LT will be the ideal camera for handheld, SteadiCam, jib, crane, drone, gimbal and overall cinema verité work. The VariCam LT is likewise tailor-made for owner/operators, independent filmmakers, documentary makers and corporate production creators.

The VariCam LT delivers superb image handling in multiple formats ranging from 4K, UHD, 2K and HD, and like the VariCam 35, is fully capable of High Dynamic Range (HDR) field capture. The new 4K camcorder offers Apple ProRes 4444 (up to 30p) and ProRes 422 HQ (up to 60p) support for HD recording, as well as Panasonic’s AVC-ULTRA family of advanced video codecs.

New codecs introduced in the VariCam LT include AVC-Intra LT and AVC-Intra 2K-LT, both designed to offer capture rates up to 240fps in imager crop mode, ideal for sports and other fast motion footage.

Powerful color management capabilities combined with VariCam’s extended color gamut and support for the Academy Color Encoding System (ACES) workflow allow for full fidelity mastering of original source material. The VariCam LT offers in-camera color grading, with the ability to record an ungraded 4K master along with all on-set grading metadata. A new color processing feature is “V-LOOK,” which acts as a blend of V-Log and video, and allows filmic documentary acquisition without the same need for intense color grading.

The VariCam LT differs from the VariCam 35 in being a one-piece, short-bodied camcorder vs. a two-piece camera head plus recorder. While the VariCam LT does not feature parallel sub-recording, it does have an SD slot for high-resolution proxy recording. Proxy files can be wirelessly uploaded via FTP, which facilitates wireless color grading. Variable frame rates are available with LongG6 recording.

There is one expressP2 card for all formats including high frame rate and HD/2K/UHD and 4K recording (the 256Gbyte expressP2 card can record up to 90 minutes of 4K/4:2:2/23.98p content). RAW output from SDI is planned to be supported by a firmware upgrade in early summer 2016.

The VariCam LT features an EF mount (vs. the VariCam 35’s PL mount), suitable for the wide array of lenses available for smaller cameras.* The EF mount can be switched out to a robust standard PL mount, expanding the range of compatible lenses that can be used. The control panel can be separated from the camera body to facilitate real-time control and easy menu access. The camcorder has a production-tough magnesium body to assure durability and reliability in challenging shooting locations.

Other features new to the VariCam LT are power hot swap, IR shooting (further enhancing the camcorder’s extreme low-light capture at ISO 5000), 23.98 PsF output, and image presets as scene files.

Among the camcorder’s top-level production assets are ND filters (CLEAR, 0.6, 1.2, 1.8), an optional OLED electronic viewfinder (EVF) with optical zoom functionality, 24-bit LPCM audio for in-camera audio master recording, Focus Assist, anamorphic lens de-squeeze, special REC functions (PreRec, interval, one-shot), IP control via Panasonic’s AK-HRP200 camera remote controller, and built-in GPS.

Professional interfaces include: 3G-HD-SDI x 3 (SDI-OUT X 2 and VF), LAN, genlock in, timecode in/out, USB2.0 Host and USB2.0 Device (mini B), and three XLR inputs (one 5-pin, two 3-pin) to record four channels of 24-bit, 48KHz audio.

The VariCam LT will be available at the end of March in two packages, suggested list price $18,000 (body only) and suggested list price $24,000 (body + AU-VCVF10G viewfinder).

It is PR that Panasonic US published for short time :-)

This guy will be tweeting info and then a blog post about the camera will be up after the show.
https://twitter.com/TheVaricam/status/697618927128412160

Here's the official site: http://pro-av.panasonic.net/en/varicam/lt/index.html

Video:

The Odyssey supports RAW from more cameras than any other device in the industry.”said Mike Schell, President, Convergent Design. “The VariCam LT is a great camera and an important one in the Panasonic line, and we’re proud to include it in the Odyssey RAW Bundle for the Odyssey7Q and Odyssey7Q+. Odyssey will support all frame rates and resolutions available for output from the Varicam LT.

@Ralph_B Sounds like a solid competitor in the upper mid range market. The image seems to be every bit as good as the Varicam 35, can't wait to check out more content from this camera. I wonder if we'll see the V-Look profile in the GH5, it looks very filmic without being too flat (easy to grade and monitor without a LUT).

http://www.fdtimes.com/2016/02/10/panasonic-varicam-lt/

@RRRoger Why do you hate Canon lenses? Just curious.