One of the questions that I had been asking is ‘why Google does not have a cloud-based program to edit and modify videos on YouTube’. And now, YouTube Now (finally) has a new simple, video editor online.
With the editor you can easily create new videos with pieces from your videos you’ve uploaded on the youtube channels. You drag the desired video programs in the timeline and for each video separately, you can edit certain parts of the video and cut\copy and edit instantly!
As for the audio, you can choose from a number of standard songs of famous and lesser known artists.
Here is a video, on how to edit videos on the cloud:
The editor can be found at youtube.com/editor