Telestream announced Windows Media for the Mac, which will enable exporting or importing Microsoft Windows Media format files on Mac OS X from any QuickTime-based application, including Final Cut Pro, iMovie, and QuickTime Player. Scheduled for release in the fourth quarter of 2004 with prices starting "under $100," the component will enable export in Windows Media 7, 8, or 9 Series formats, creation of files in standard and high definition using Windows Media in either stereo or 5.1, and import of those formats for playing or editing.