<s>
Scratch	B-Application
Live	I-Application
is	O
a	O
vinyl	O
emulation	O
software	O
application	O
created	O
by	O
New	O
Zealand	O
based	O
Serato	O
Audio	O
Research	O
,	O
distributed	O
by	O
and	O
licensed	O
exclusively	O
to	O
Rane	O
Corporation	O
.	O
</s>
<s>
Serato	O
was	O
first	O
known	O
for	O
its	O
Pro	B-Application
Tools	I-Application
plug-in	O
,	O
Pitch	O
N	O
Time	O
,	O
which	O
was	O
sold	O
predominantly	O
to	O
the	O
film	O
industry	O
.	O
</s>
<s>
Scratch	B-Application
Live	I-Application
allows	O
manipulation	O
and	O
playback	O
of	O
digital	O
audio	O
files	O
using	O
traditional	O
vinyl	O
turntables	O
or	O
CD	O
players	O
via	O
special	O
timecode	O
vinyl	O
records	O
or	O
CDs	O
.	O
</s>
