I have a business idea which involves using a similar process that myspace music and purevolume use in which music is uploaded to the server to be streamed via a flash applet. What kind of host will I need for this? Are there scripts out there which handle this? Is it worth the effort? Any help would be great. Cheers
Streaming multimedia often requires a dedicated server if you don't want to get your site suspeded. You should also deal with a clear copyright and TOS statements and what it's worth can be evaluated through a business plan, project or action plan plus a marketing campaign. I have a reseller Windows hosting account that comes with DotNetPanel, a control panel that comes with MySpace core engine as part of its one-click install scripts, thus you can easily run a site using a script like this but you need to be knowledgeable in ASP or get something similar written in PHP.
Try searching hotscripts.com for something similar to what you're looking for and then have it modified to suit your needs.