SimpleHelix.com provides

knorr — Wed, 25 Jun 2008 07:19:21 +0000

SimpleHelix.com provides Streaming Media on their shared web hosting. It costs $4.95 / month - think that's cheap. Not many companies provide this feature on their shared plans as it demands much resources.

I think you can also

demopaul — Tue, 24 Jun 2008 07:41:48 +0000

I think you can also consider Downtownhost.com shared plans with FFMPEG, FFMPEG-PHP, Mplayer + Mencoder included
http://downtownhost.com/shared.html.

Thre's also a good thing to watch if you plan top create a YouTube site, hope this will help.

Serverpoint.com support

Solommon — Mon, 23 Jun 2008 08:46:14 +0000

Serverpoint.com support that. But anyway you need to understand that with your huge trafic needs you'd better consider VPS at least. Serverpoint.com has that as well.
Good luck