unless you need live streaming Id say lighttpd would suit you just fine. if its a small site bandwidth probably isnt an issue anyway.
Medium term I would be looking at MPEG-DASH but you wont need a media server for that because apache can do it although Id bet lighttpd will also support it. When it becomes readily available it will solve LOTS of problems.
Advantages:
encode once play on anything
adaptive streaming
streams in segements that are not stored so much simpler to protect your streams from being ripped. plus simple to insert ads between segments
streams over HTTP and allows future and past seeking
supported by adobe, microsoft, apple, sony, netflix, wowza and most everyone else except google.
Standardized.
Im watching it closely
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Mike South
It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.
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