Folders are used as a way to help organize sessions. Every session belongs to a folder and only users assigned to a folder can create, record, view or edit those sessions.
1. Create A New Folder
On your Panopto site, select the + Create menu in the upper right corner, then select New Folder.

Optionally, you can select Inherit permissions from the parent folder if you are creating a subfolder and would like the subfolder to share the same level of permissions as its parent folder. 
2. Create a Subfolder from within a Folder
From within the desired parent folder, select the button Add folder.

3. Create a Subfolder from the Browse Menu
Expand the Browse menu from the left-hand navigation and right-click the folder to which you want to add a folder. From the pop-up menu that appears, select New Subfolder.
Optionally, you can select Inherit permissions from the parent folder if you are creating a subfolder and would like the subfolder to share the same level of permissions as its parent folder.