 Hey everybody, I'm Sean O'Kane, I'm a reporter with The Verge and we're here at The Verge's lounge here in the Las Vegas Convention Center. Welcome everybody. We have a very special guest here. This is the CEO of Livestream, Jesse Herzberg. Jesse, thanks for coming. Good morning. You guys had a pretty cool announcement this week that you basically kicked CES off with and that was that you guys made a commercial product. A camera that's actually doing some really cool stuff and one that I'm really excited to play with later this year. This is the Movi and why don't you tell me a little bit about how it works. Sure, so Movi is the first video camera from Livestream. You can use it for recording or streaming or both simultaneously. It's a 4K device that is controlled by an iOS app and what it allows you to do is from the 4K picture crop up to nine virtual HD cameras. So if the two of us were say shooting a video clip for the web, instead of having a three-camera setup with a production crew, we could use one Movi camera and have someone on the iOS app and they'd be able to cut to you, cut to me, cut wide, zoom in on the product as if there were three cameras in front of us. So you're telling me that this camera like theoretically could take all of my co-workers jobs someday. Yeah, it won't take their jobs. It obviously isn't going to replicate the production quality. But you have about $70,000 of equipment here and for most folks that's out of reach or to rent it, about $5,000 to rent it for the week. And what this does is put that kind of power and multi-camera storytelling into the hands of people who can't necessarily afford it every day. So you take this thing and you can set it on a table, you can put it on a tripod, you can put it on this battery extender here and you just let it run and then you use the iPhone or iPad app to just live direct, right? Correct. You hit the record button or the go live button and then you just direct live. The camera also will detect faces, detect voices and detect motion. So if you want you can put the app down and the app will auto direct for you and it does a pretty good job. It'll cut to whoever's talking. If I have a big reaction it'll cut to me. If you talk for too long it will cut wide. If you keep talking it will cut back to you. So you say low cost. Give us an idea how much it's going to cost and when people are going to be able to go out and buy it. Sure. So the camera is going to sell for $399 when it ships in April. It's currently available for pre-order on getmovi.com for $199. So that's 50% off during the pre-order while supplies last. And then the black device that you see next to you is the Movi Boost accessory. The Movi Boost accessory takes the one hour battery life of the camera and extends it to over 10 hours. So I've heard you say the word 4K a bunch and we're here at the Consumer Electronics Show where a lot of little cameras, a lot of action cameras too are announced all with like 4K. There's some with 360 degree video. Is there something coming after this? Are you guys looking to get into like the action camera game, something with 360 degree or like you focus on events? We're very focused on events. We're very focused on those moments when you need your camera to run for a long time, when you need to capture 30 minutes to 3 hours of footage and a single lock shot is just going to be really boring to watch for 3 hours. When you watch TV or when you watch sports, the director uses multiple cameras to bring you into the story and to make you feel like you're at the event. Even a single lock shot, even when we talked about the Little League game, a single lock shot doesn't accomplish that. So with Movi, whether it's an event or a stage performance or whatnot, you can use those multiple camera shots, those different angles to really bring that story to life and that's very much what we're focused on. We love our GoPros, we love our iPhones, they all have different purposes and our focus is on events. Cool. Well the camera is called the Movi, it's going to be out later this year. Thanks so much for taking some time to come talk to us. I can't wait to play around with it when we get one into the office, but thanks for coming. Thank you. For more from CES 2016, head to theverge.com, go to youtube.com slash theverge and click subscribe and have fun at the Board Lounge.