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Quicktime Broadcaster combines quicktime with Apple's user friendliness allowing anyone to produce a clean broadcast event. It uses the MPEG4 codec to reach any quicktime player as well as any MPEG4 compliant player.
In Quicktime 7 it supports the new H.264 codec capable of delivering high quality streams at low data rates.
Learn more about it here: http://www.apple.com/quicktime/broadcaster/

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