Last edited: 2006-11-23 - suggest a modification
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A quality and reliable name, the VideoLAN streaming solution is a great open-source option. "VLC media player is a cross-platform media player and server. It works under Linux, Windows, Mac OS X, BeOS, *BSD, Solaris, Familiar Linux and QNX. ... [The media player] can be used as a server to stream MPEG-1, MPEG-2 and MPEG-4 / DivX files, DVDs and live videos on the network in unicast or multicast; or used as a client to receive, decode and display MPEG streams under multiple operating systems." The VLS Server "can stream MPEG-1, MPEG-2 and MPEG-4 files, DVDs, digital satellite channels, digital terrestial television channels and live videos on the network in unicast or multicast."
"Most of the VLS functionality can now be found in the much better VLC program. Usage of VLC instead of VLS is advised. ... For more information on VLC's stream output and VLS, see the [VideoLAN] streaming features page."
http://www.videolan.org/streaming/
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