There is provided a method of customizing live media content with the live media content including at least one dewarped panoramic view of a monitored area. The panoramic view may have a plurality of portions for selection by a user, the method comprising: receiving the live media with audio and video interleaved and/or compressed as a single stream data, receiving a selection of one of the plurality of portions of the panoramic view; and customizing the live media based on the selection of the a portion of the panoramic view for display. A system to customize live media content is also disclosed.