I got this from J.D. Lasica’s book "Darknet", which I strongly recommend you get and read.
One of the most interesting characters Lasica found in the course of researching the new Internet video world is a guy who goes by the name of "Raven."
Raven has his own 24/7 TV channel. It’s called Daytona Beach Live.
Total cash outlay: Studio (zero, it’s in his home), $200 for a Sony Handcam, a few second hand computers and $17.95 a month hosting bill. Right now, it’s a labor of love and Raven pays the rent with a day job, but it’s a demonstration of what’s possible for people with passion.
The site itself is a bit rough and it streams in Real Video only. You can probably see many ways to improve on what he’s doing – but the key thing is…he’s doing it.
A useful resource on his site:
Click on the "Internet TV Portals" link on his site for pointers to two sites that have assembled an extensive collection of links to other Internet television channels:
Daytona Beach Live