The latest rumors on the block point to Olympus announcing their E-M5 follow-up, the E-M5 Mk II within the next month. We’ve already talked about the sensor and new 40MP sensor shift function, and today, we have an interesting rumor update regarding the video functions of this upcoming camera…

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According to a new report over on 4/3 Rumors, the upcoming Olympus E-M5 will feature some impressive video functionality – though probably missing the biggest video marketing buzz word there is currently – 4K.

In the report, 4/3 rumors says that the new camera will be capable of clean-HDMI out, feature all ‘common’ video frame rates, and will be able to record all-intra 50 Mb/s files. Not bad for what is supposed to be a mid-level camera.

[REWIND: Olympus OMD E-M1 Review]

This actually makes me pretty interested in what Olympus has up their sleeves for the E-M1 update, maybe that camera will actually be capable of 4K. The E-M5 Mk II will be announced the first week of February, so not long left to wait for those of you excited about this release.

What are your thoughts on this rumor update? Do you think that these video features will be sufficient, or is the lack of 4K a deal breaker for this camera from a video perspective? Leave a comment below and let us know what you think!

[via 4/3 Rumors]