Fairly standard laptop in terms of performance. Certainly not designed as a media production device. Lacks a GPU, storage, and the cooling to handle long duration rendering tasks.
Ultrabooks are designed to be light and portable. You will need to look at things like workstation laptops or desktops for video editing, 3d modeling, and game development. You could get by a little better with a 'gaming' class laptop, that would at least have a discrete GPU.