Hello :-)!

My friend asked me whether I can help him to create internet television. He is really into rap music and he's got some money.

I'm newbie in internet televisions however I know a little bit about programming, computer networks and so on. The first thing which I need to consider is hardware. At this moment I think at least two devices are necessary: video camera and server. What else do I need?

Ordinary TV channels have got programms all the time or at least during most of the day. Since at this moment there are only me, my friend and little group of other people, it wouldn't be possible to have enough much video to play 24/7. What can you suggest for the beginning?

And, as I mentioned earlier, most important issue - hardware. I guess server is necessary - or are there places for which I can pay monthly and have enough much hardware resources available remotely? I think it would be much cheaper to have my own server. What are minimum requirements for server and parameters important for internet television?

And about connecting server to internet. There are many ways of connecting to internet. What features do I need to look for in internet providers' companies?

Unfortunately in my country access to internet is below european average. I mean it is slow, prices are high (however not very high) and Broadband Internet Access is available only in some places, not everywhere.

Please, give me any suggestions so that I can tell my friend how much money he needs to spend and what for exactly :-).

Thanks in advance for your answer :-)!
Greetings :-)!