Here is a quote from the official YouTube Blog "Some videos are beautifully shot by professionals or aspiring filmmakers using the very latest in HD cameras and equipment. But some of YouTube’s most popular or moving videos are shot using low-quality mobile phones and video cameras... Although emotionally captivating, they can be jerky, blurry or unsteady. What if there was a technology that could improve the quality of such videos -- sharpening the image, reducing visual noise and rendering a higher-quality, steadier video -- all while your video is simply being uploaded to the site? You can imagine how excited we were when we discovered a small, ambitious company based in Ireland that can do exactly this." As who who is involved with technology - video technologies specifically -I was blown away by the online video samples that point to the results obtained with Green Parrot Technologies - it is totally amazing to me that what used to require very sophisticated electronics costing thousands of dollars (and usually available only to high-end industry professionals) is becoming available 'in the cloud' for most anyone on earth to access and use.
"The following clip demonstrates a complete film restoration process. In this example, the footage had been restored through the combined application of GPP's automated restoration tools. The complete restoration process includes the application of stabilization, flicker removal, blotch removal and noise reduction.
Closing remarks from the Official YouTube Blog "With the equivalent of over 170,000 full-length movies uploaded to YouTube every week, the team’s experience in this area -- working on solutions for both video consumers and experts alike -- will be a source of new ideas and further innovation at YouTube and across Google. We look forward to working with them to make the videos you upload every minute of every day to our site look even better."
Green Parrot Pictures' website proclaims that are "Leaders in Video Motion Restoration, Enhancement, Conditioning" The company's headquarters are in Dublin, Ireland but the success they have created with their technology tools evidently grabbed the attention of some very big 'eyes'... Google announced that they have acquired Green Parrot Pictures and there is no mistake that the amazing tools Green Parrot has developed are destined for application within YouTube.
Here is a sample clip from Green Parrot that demonstrates their Stabilization technology - it has a before and after sequence of the same shot and then a side by side comparison at the end.
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