Shoutcast needs to stream webm. The best current tool for making webm (VP8/vorbis) files is ffmpeg. FFmpeg is now suitable for making webm in a production environment. It is about half speed vs. h264 in the encode direction. That's a lot better than it was last year. Mostly it's not really well threaded.
VLC (and I think it's almost on purpose) is a terrible encoder.
VLC (and I think it's almost on purpose) is a terrible encoder.
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