what’s the different between sequence and matinee？

Development Cinematics & Media
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1

I AM really confuse…

2

Sequencer is new, matinee is old.
Sequencer replaced matinee.

3

And apart from old vs new? New functionalities?

4

obviously.

The list of improvements and new functionalities is huge.
Sequencer Overview | Unreal Engine Documentation

UE4 - Sequencer Basics - YouTube < basics
http://www.gamasutra.com/view/news/268236/Unreal_Engine_4s_new_Sequencer_allows_for_filmstyle_cinematic_workflow.php