The vlc player with its integrated vlm server (aka. telnet interface) is a good starting point, as it provides RTSP VoD sources with the ability of play/pause and seek. I'm not sure, but I think vlm can also stream live streams. And even on-the-fly transcoding works.
i have played a bit with VLM these days. VoD works with different types of media, but transcode will only work if your input stream is mpeg2.
-- Jan Segers
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