Seems hard to imagine that Ableton Live can be used to create complex video clip editing, playback and even sample triggering. Yet it can; the EboSuite set of Max For Live devices by EboStudio lets you do just that, as the video demonstrates.
Currently Mac only, it requires Ableton Live 9.5+ (64bit) and it available at the IsotonikStudios.com website priced at £88
Thanks to Ned Rush for the spot