@Andrew Mason: Davinci Resolve does it well of course being a huge pro video editing suite. Simpler apps that stick to only Brightness/Contrast/Hue can be frustrating (though any adjustment is better than none), because White Balance is a super important common adjustment.

Going further, having the ability to adjust the brightness of Shadows and Highlights, and even the tint of those would add much more control. Supporting LUTs is a great way to give advanced users more possibilities.