video live streaming

Hello,

What would you recommend if I need to build a website that has live videos in it? What I have read online is that Adobe Flash Media Live Encoder is the standard or the most popular. From what I can understand this Adobe Flash Media Encoder needs the Adobe Media Server Software or Flash Video Streaming Service. Building the website from scratch would take a long time to build so I need a CMS built on PHP or CMS built on ASP. What CMS would you recommend? CMS have so many extensions and plugins or ready-made programs that can save me time.

Anyone who has built a CMS website about online betting? Some of our people will take videos of an event in this case cockfighting then their videos will go to a server and that server will broadcast the video online so that audience can make their bet real time. What CMS would you recommend? Or has the capability of doing that? There are many CMS and if I do that one by one and make trial and error that won't be good it would destroy the business. May be there is someone who has tried one or two and can give advice on which CMS and with it's specific ready-made programs (extensions or plugins) to use. There must be an admin that can create the title of the event what kind of I don't know what they call it the chicken or what kind of chicken will be fighting and who will it fight, another chicken... something like that.

What CMS if I'm going to use Adobe Flash Media Encoder and Adobe Media Server to use, I mean CMS built on PHP and MySQL like or CMS built on ASP?

I know Adobe Flash Media Server is expensive we need a license for our server to work. Do you have any advice or recommendation on the hosting provider who can do that? Or do you have any recommendation to use another alternative instead of using Adobe Flash Media encoder and the server software there is a free alternative or opensource that works as good as Adobe but inexpensive to use.
prinLeAAsked:
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John TsioumprisSoftware & Systems EngineerCommented:
The new solution and with global acceptance is HTML5
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