Chinese cinema camera manufacturer Z-Cam has revealed it's releasing a lower-cost version of its E2 camera that seems to lack only multi-cam synchronization from the previous model but which will allow live-streaming without a computer and will cost about $500 less.

The Z-Cam E2-M4 has much of the same spec as the Z-Cam E2, including the ability to record Raw footage to an external recorder, a claimed 13-stops of dynamic range and 4K video (3840x1620 pixels) at 160fps with 10-bit color.

The Z-Cam E2-M4 product page says that, with the latest firmware, the camera will be able to output a stream that the Atomos Ninja V can encode as ProRes RAW. Internal recording in Z-Raw is also listed on the Z-Cam website. B&H also says a future update will allow the camera to support RTMP, RTPS and SRT live-streaming directly from the camera without requiring a computer. live-streaming is also supported via the camera’s Gigabit Ethernet port, which can be used to control the camera remotely.

The Z-Cam E2-M4 uses the same Four Thirds sensor format as the E2, and of course takes a range of compatible Micro Four Thirds lenses — though not all. The Z-Cam E2-M4 costs $1499 and is currently available to pre-order from B&H. For more information see the Z-Cam website.