Microsoft’s newly launched ‘Silverlight’ is a cross-browser, cross-platform plug-in for delivering the next generation of Microsoft .NET–based media experiences and rich interactive applications for the Web.
This video editing application is useful for the companies providing video remix or fly-in effects. Video based publishing media will get a boose in web world as silverlight supports Web-based social network experience by sharing media.
Features :
- Compelling cross-platform user experiences
- Flexible programming model with collaborative tools
- Efficient, lower cost of delivery, and more capable media solution
- Connected to Web, servers, and services
More info here