LiVES is a free video editing program and VJ tool. It is licensed under GNU General Public License. The project started in 2002 and is still in development. The latest release is 1.0.0 on July 22, 2009. There are many plugins for effects, decoders, encoders, and video playback. The LiVES application has a huge list of features. You can trim and edit your clips using the clip editor. If you have multiple clips you can put them on one timeline through the multitrack window. For more information visit their website.