python-theora are Python wrappers to the libtheora library, that expose decoding and encoding of any theora video and provide a nice high level Python API to theora.
web: http://certik.github.com/python-theora
code: http://github.com/certik/python-theora
E.g. do:
$ git clone git://github.com/certik/python-theora.git
$ cd python-theora
and read the README for installation instructions.
It currently contains only one Python module theora, whose thorough documentation is below:
Contents: