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Pretty simple.
Free/Worse: Red5
Inexpensive/Best: Wowza ~75/Month
Expensive/Worse to deal with: Flash Live Media Server ~3500/one time
lighttpd and nginx work great for flv streaming and mp4 streaming with the correct modules AND if your mp4s/flvs have their index's keyed for the streaming. Wowza/FMS takes care of this automatically.
Thats the basics of it. We do VOD/tube hosting and live streaming/broadcasting for some small sporting events with ~2k viewers.
If you have any questions about anything or interest any hosting/managed solutions please feel free to contact me.
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