A wireless mobile terminal (10) and method for utilizing digital broadcast content records (204) selected digital broadcast content as received, for example, by a digital broadcast receiver (16) and provides editing of the selected digital broadcast content based on digital rights management data to generate customized clips of information. The selected digital broadcast content is edited (206) to produce mobile terminal edited digital broadcast content that may be, for example, distributed (208) by the mobile terminal to a plurality of peer devices. A broadcast content editor (24) allows for the editing of clips of content wherein the edited clips are then stored in memory as recorded clips for distribution by the mobile terminal. In another embodiment, a network element is remotely controlled by the mobile terminal to effect editing through the mobile terminal at the network element.