Today, Adobe lifted the lid on FMS3 - Flash Lite 3 recording, almost doubled performance, MPG4 streaming, enhanced live event support, a new encrypted protocol for DRM protected content and licensing changes.
Flash Media Server (FMS) can already do video streaming, audio/video messaging and blogging, live audio/video chat, text chats, datacasting, multi-user gaming and it is also quite scalable using origin/edge server technology. The upcoming version of Flash Media Server 3 will add some neat features in addition to this feature set with MPEG4 streaming and DRM protection as the two main features that will make Flash Video even more interesting to content providers. The new MPEG4 features of the current Flash Player beta was revealed about three weeks ago so this was expected.
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