Thanks for all the replies!
@AmigoProductions - For now, we are focussing on the iOS version while we hone and test this concept. A vocal bunch of us in the Envato office using Android devices have also requested this.
As for authors and templates, for now we are working with a small pool of authors to again, test and hone this concept. I don't have any information around when we may open this up for additional authors at this stage.
@NeuronFX - Thanks for the feedback and support! See above with regards to templates/authors.
@PhilLarson - Thanks for the feedback! Yes, the music in the app is from AudioJungle and features just a small pool of authors at this stage while we test. As with video templates, we would like to open this up to more authors, but will need to allow this in good time.
@cyzer - Our aim is that this app will allow VideoHive authors to gain additional sales from a different set of buyers than they would normally. That is, users/buyers who are looking for simple to edit videos for personal or business use.
@Wesual - Licensing and commissions are still being worked out and we will be using this initial testing time to gather learnings and formulate these to finalize them.
Thanks again for all the feedback and support so far. Have a great day!