By site editor Dan Chung:
As anticipated Panasonic have finally announced the availability of V-Log L for the GH4. It was rumoured that this was not going to be a free upgrade and this has turned out to be true. It will cost $99 and is anticipated ship on mid-September. It will come in the form of the Firmware Upgrade Kit DMW-SFU1 and is available to pre-order now from the Panasonic USA webstore.
According to Panasonic is offers 12 f-stops of dynamic range and should be nearly identical to the V-Log L we have already seen on the DVX200. Our technical editor Matt Allard has examined that in detail here.
The graphic below illustrates the upgrade process:
You can pre-order now from B+H here.
This from Panasonic:
In response to the demand from the film production market, log video recording (V-Log L) is now available for the LUMIX GH4, and offers exceptional flexibility as well as wider dynamic range for color grading in post-production process. V-Log / V-Log L were developed to feature similar characteristics to Cineon, which is a characteristic curve for film digitalization. Taking full advantage of Four Thirds sensor, V-Log L boasts a log characteristic with 12 stops. Both V-Log and V-Log L have the same characteristic curve, and LUT (Look Up Table) can be utilized.