Computer software for establishing a real-time interactive video, data and voice media exchange environment; computer software for creating, organizing, annotating, and editing production files and media clips as facilitated by local networks, wide area networks, and the Internet; computer software for real-time media exchange and organizational system allowing collaboration between and among producers, directors, editors, and other contributors in order to assemble clips, rough cuts, Edit Lists, production notes and other documents associated with multiple clients and multiple projects; computer software for streaming, annotating, modifying and manipulating media files interactively by multiple simultaneous collaborators; computer software for interfacing directly with editing and file creating software and video conferencing systems; electronic downloadable newsletter relating to streaming, interactive software; computer software for use in on-line data streaming for the post-production industry and user manuals therefor sold together as a unit