Exhibit 23.1

   Report on Financial Statement Schedule and Consent of Independent Auditors

The Board of Directors and Shareholders
Pinnacle Systems, Inc.:

The audits  referred  to in our report  dated  July 24,  2000,  except as to the
second paragraph of Note 5(a),  which is as of September 27, 2000,  included the
related  financial  statement  schedule  as of June 30, 2000 and for each of the
years in the  three-year  period  ended June 30,  2000,  included  in the annual
report on Form 10-K for the year ended June 30, 2000.  This financial  statement
schedule is the responsibility of the Company's  management.  Our responsibility
is to  express  an opinion on this  financial  statement  schedule  based on our
audits. In our opinion,  such financial statement  schedule,  when considered in
relation  to the  basic  consolidated  financial  statements  taken  as a whole,
presents fairly in all material respects the information set forth therein.

We consent to incorporation  by reference in the  registration  statements (Nos.
33-89706, 333-25697,  333-16999,  333-34759,  333-63759,  333-74071,  333-75117,
333-75935,  333-84739,  333-85895,  333-40218,  333-42776, 333-35498, 333-30492,
333-35424,  and 333-42780) on Forms S-8 and S-3 of Pinnacle Systems, Inc. of our
reports  dated July 24,  2000,  except as to the second  paragraph of Note 5(a),
which are as of September 27, 2000, relating to the consolidated  balance sheets
of Pinnacle Systems, Inc. and subsidiaries as of June 30, 2000 and 1999, and the
related  consolidated  statements of  operations,  comprehensive  income (loss),
shareholders'  equity,  and cash  flows for each of the years in the  three-year
period ended June 30, 2000,  and the related  schedule,  which reports appear in
the June 30, 2000, annual report on Form 10-K of Pinnacle Systems, Inc.

                                                  /s/ KPMG LLP
                                                  ------------

Mountain View, California
September 27, 2000