Microsoft releases Movie Moments video editing app for Windows Phone 8.1

OK you might not win an Oscar, but you can produce some pretty nifty 60-second videos to share on Facebook or with OneDrive.

Microsoft has released a video editing app called Movie Moments. It's a universal app with a release on Windows 8.1 as well.

Here's the blurb:

Turn any video into a memorable moment you’ll love to share. With this app, you can trim your video to your favorite parts, highlight key moments with captions and effects, and set the mood with music.

• Pick your favorite 60 seconds. You can trim from the beginning, middle, or end.

• Highlight your favorite moments with fun, colorful captions in a range of styles.

• Add music that matches the moment. We’ve included a few songs for different moods, or you can use songs from your collection.

• When your movie is exactly how you want it, share it with family and friends right from the app.

Movie Moments for Windows Phone 8.1 is free and is now live in the Windows Phone Store:

Update: But watch out, it could make your Glance Screen turn upside down!