Important terminology note: The earlier version of Stream will now be known as Microsoft Stream (Classic) https://web.microsoftstream.com/ and the new version will be referred to as Microsoft Stream (on SharePoint) https://stream.office.com to clarify the differences moving forward. 

This article only applies to content in Stream (on SharePoint). By default this includes all Teams meeting recordings made from Monday 27th June 2022 onwards. 

Microsoft are changing the default storage location of new Microsoft Teams meeting recordings. From Monday 27 June 2022, all users will notice new Teams meeting recordings will be stored in Stream (on SharePoint) rather than Stream (Classic). This is part of a larger update by Microsoft to bring Stream, SharePoint, OneDrive, and Teams together. Stream (Classic) will still be accessible, all your content will still be available and you will have the ability to edit and manually upload content if required.

For more information with regards to the upcoming change of default storage location please see the below Knowledge Base Article.