From LQWiki
FFmpeg is used mainly to convert and stream video. FFmpeg uses libavcodec. FFmpeg is developed under Linux, but can compiled and run under most operating systems.
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How to get it
svn co svn://svn.mplayerhq.hu/ffmpeg/trunk ffmpeg cd ffmpeg ./configure && make && make install
Formats
FFmpeg supports many formats and containers, including: mpeg-1, mpeg-2, DIVx, H.263, H.264, MP2, MP3, and MP4.
How to use it
Here's an example how to convert example.dv to a .mpg file:
ffmpeg -i example.dv -f avi -vcodec mpeg4 -b 1800 -g 300 example.mpg
FFplay
FFmpeg also includes FFplay, a media player and streaming client.
FFserver
FFmpeg also includes FFserver, used to stream media to clients over a network.

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