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ffmpeg usually includes a video server called ffserver. I think it might be able to do what you are looking for, if you have ffmpeg installed you can get started by reading the ffserver man page. It isnt the most user friendly thing it the world in that you must edit text config files and the like, but as long as you take the time to RTM it isn't too bad. I have played with it a bit and had good results. Mind you I most certianly wasn't doing anything with extensive bandwith demands or that was mission critical.