user-1: Like the RAW format for photos which stores the exact image information that is of great use for post processing, are there any similar formats for video?

user2528: There are actually quite a number of cameras now available or announecd for 2012 that will use Raw video formats. Some of them are not even very expensive. 
REDCode: used by RED cinema cameras
ARRIRAW: used by Arri Alexa
CinemaDNG: Blackmagic Design, Digital Bolex, Ikonoskop, Weisscam, Kinoraw S35, S16, and S8p
Cineform: Kineraw
and more to come. 

user-1: Yes there is but if you have to ask, you probably can't afford it :)
Digital video cameras for professional use can shoot in a RAW format with one file for each frame. The bandwidth required is enormous and requires fast hard drives or an output over a fiber-optic link. Pricing is several times that of a full-frame 

-1: <p>Like the RAW format for photos which stores the exact image information that is of great use for post processing, are there any similar formats for video?</p>
 2528: <p>There are actually quite a number of cameras now available or announecd for 2012 that will use Raw video formats. Some of them are not even very expensive. 
REDCode: used by RED cinema cameras
ARRIRAW: used by Arri Alexa
CinemaDNG: Blackmagic Design, Digital Bolex, Ikonoskop, Weisscam, Kinoraw S35, S16, and S8p
Cineform: Kineraw</p>

<p>and more to come. </p>
 -1: <p>Yes there is but if you have to ask, you probably can't afford it :)</p>

<p>Digital video cameras for professional use can shoot in a RAW format with one file for each frame. The bandwidth required is enormous and requires fast hard drives or an output over a fiber-optic link. Pricing is several times that of a full-frame </p>
