Adobe Premiere 1.0 shifted the economics. Suddenly, production companies and ambitious hobbyists could cut video on a Mac. It wasn't broadcast quality yet—that would take a few more years—but it allowed for offline editing (making creative decisions at low quality) before moving to an online suite (the final high-quality output).
It is impossible to talk about 1991 without mentioning the rivalry that defined the industry. In the late 80s and early 90s, was the heavy hitter. Avid systems were proprietary, expensive hardware/software combos used by Hollywood. If you were cutting a feature film, you were on an Avid. adobe premiere 1991
It featured 8-bit audio support and allowed users to output their final projects to video tape. III. Core Innovation Adobe Premiere 1