Is this Possible? Stream Video File using Server or Encoder?

First of all lets call it Flash Media Interactive Server (adding Streaming becomes little confusing to readers as we have Flash Media Streaming Server) - both are FMS but two different edition.

Now coming to FMIS, you can place all your video files in "streams" directory of application in the simplest configuration and then use Server-side API Class "Stream" to play them. When you use Stream class to play VOD files, it basically becomes live publish and is available as live stream. I will give you simple code snippet which will explain what i am saying above:

var myStream;

application.onAppStart = function(){

     myStream = Stream.get("livestream");

     myStream.onStatus = function(info){

          trace("Info code:"+info.code);

     }

    myStream.play("mp4:myvod.f4v",0,-1,true);

}

Now client will subscribe to live stream using stream name as "livestream" and it will basically get all the content of mp4:myvod.f4v

Say if you save above code in file named main.asc and place it in application folder named "test" on FMS, you will need to copy "mp4:myvod.mp4" inside "streams" i.e. create "_definst_" folder or any instance name folder under "streams" folder of "test" and place the file there

Hope this helps