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I'm looking for some software for a high school TV news broadcast. All the hardware is in place, with cameras interfacing with a computer (running XP) and the broadcast output being fed to a second screen. I just need some software to put it all together. Currently, we're using Adobe Visual Communicator 3, but this software requires you to use a pre-configured timeline. If anyone slips up and talks for too long (this is quite likely), then the software cuts to the next scene, no questions asked. I need something that's cue-based and has greenscreen capabilites.

What alternatives do I have?

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Are you wanting to switch between live broadcasts and recorded content? –  Charles Stewart Dec 1 '10 at 21:28

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Wirecast (Official Site)

Wirecast software lets you produce professional-looking live events with just a camera, an internet connection and a computer. Stream or record live internet shows, broadcast breaking news or sporting events, stream live concerts, transmit church services, corporate meetings, lectures and much more.

With the intuitive interface and fully integrated streaming capabilities Wirecast makes it easy for anyone to share live experiences and build a global community. Wirecast lets you stream multiple live video cameras while dynamically mixing in other media such as movie clips, images, audio and text. Features such as Chroma Key (green screen), 3D transitions, built-in titles and up to 35 layers of live compositing allow you to create professional broadcast productions for live or on-demand distribution to services such as Ustream, Livestream and Justin.TV, as well as to a wide range of streaming servers. Wirecast Pro adds scoreboards, advanced audio control, 3D virtual sets and more.

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The question is so unclear that it's not apparent that the questioner is actually after dynamic mixing, but I'm guessing that this fits. –  Charles Stewart Dec 2 '10 at 10:56

I found a wonderful article detailing how to splice together content for uStream on the fly.

It recommends a $30 shareware called WebcamMax which claims to splice together content on the fly with images and videos and can output it as a fake webcam so that you can uStream it.

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