Overstream (website)

This company from San Francisco offers to anyone the ability to add subtitles or comments to online video. It provides to users a simple way to add markers + comments and associated to the video, the player synchronizes and juts has to render the comments or subtitles on top of the video. It creates what they call "overstreams". The videos can come from youtube, or anyplace from the web with a compliant format. The UI implementation is based in flash, probably using the cuepoints concept of it.
Flash can read FLV or MPG4 H264,

Notes : Probably this kind of applications will ensure the localization of video for tomorrow, at least on the web, and through the web to local TV show. As of today, videos are limited most of the time to there own country and language areas. But targeting the local is not anymore the scope of media, and for a long time. We want the world and we want it now !!. One way to ensure globalization of media, is linked to the ability to generate languages: audio but also subtiltles will come faster, cost less, don't modify the orginal sources, sound, atmosphere. Juts because even on the film market, the consumers are asking to get the original voices ... with the subtitles, overstream opens the door to Global YouTUBE.