ArcSoft ShowBiz software (version 2.0) is a video editing and DVD authoring software that allows users to create professional-looking movies. The software features a variety of editing tools, including timeline editing, audio track editing, and special effects. Users can also create DVD menus, burn their movies onto discs, and share their creations on social media. The software supports a wide range of video and audio formats, making it a versatile tool for video editing.