The Adobe Creative Cloud Launch Event has finally arrived. Click past the break to see all the new exciting features coming to Creative Cloud in the future.

Premiere

New color grading features are on the way!

You can now move back and forth between premiere and colorgrade without rendering

Premiere Timeline is now visible in ColorGrade

Easy masking and blurring with the ability to follow movement (similar to what After Effects could do)

After Effects

New ability to apply effects to individual masks

Photoshop

New work with fonts

Access to more fonts

Live previews of the fonts in action

Access to thumbnails and other assets 

Tons of productivity improvements

3D improvements

New radial blur improvements and path blurs

Lightroom

Lightroom for iPhone now available

$9.99/month for Adobe Photoshop & Lighroom forever!