A video recording system and method for labeling networked meetings and video/audio clips from a main stream of video/audio is disclosed and claimed. The video recording system allows a system user to selectively view and label a main video stream. A rewind control rewinds the main stream of video, and then labels the selected video clip from a start pointer to an end pointer. The video recording system also allows users to label an event for easy lookup in the future. For example, a child's solo performance at a music recital can be easily labeled for lookup.