Canon has announced the latest firmware update to their EOS C500 Mark II camera adding Cinema RAW Light capabilities. Up until now, the EOS C500 Mark II was only able to shoot 12-bit RAW at up to 30 frames per second, and 10-bit at frame rates beyond that, but with the update Canon is now adding three new Cinema RAW Light formats which will provide 12-bit recording at all frame rates.  With the addition of Cinema RAW Light LT (light recording), ST (standard quality), and HQ (high quality) formats, the EOS C500 Mark II will now have four different RAW recording options and 12-bit RAW at high frame rates. The Cinema RAW Light format offers a significant reduction in file size without sacrificing image quality or grading and compositing headroom.  The firmware update, scheduled for March 21, 2024 will allow recording with the widest dynamic range of the camera’s sensor in a file that’s approximately a third to a fifth of the size of a standard Cinema RAW file.