Operation Myspace, live from Kuwait. Live encoding in multiple bitrates (up to 1.3Mbps 30fps) in VP6 via Kulabyte. Delivery is as far as I know over Akamai.
I've just received the official line about this event:
On March 10, Myspace is hosting a live HD streaming Webcast, which will utilize Adobe Flash technology. "Operation MySpace" is a landmark event designed to support U.S. troops stationed in Kuwait and will be broadcast around the world. The free music and comedy event will include performances by the Pussycat Dolls, Jessica Simpson, Disturbed, Filter and DJ Z-Trip. Using the powerful streaming capabilities in Adobe Flash Media Server 3 coupled with the award-winning Adobe Flash Player runtime, U.S. troops, family, and friends can experience the webcast live over the Internet in full-screen HD. This webcast from Kuwait will demonstrate the future of video on the Web, delivering high definition video of the event at less than 1.5 megabits per second.
The webcast will start at 11a.m. PT/ 2 p.m. ET and can be viewed live at http://myspace.com/operationmyspace.
there's also a full press release about the event.


Watched the entire thing in HD on my 60" 1080P LCD....ROCKING BAD ASS!!!...How do they do it? Where have these Kulabyte guys been hiding? This was the most awesome Live websat even in terms od quality and I only have a 1Mb connection!! Rock on Kulabyte! Rock on Adobe, MySpace and the US Military...
If Kulabyte can do Live high quality, 2 pass VBR encoding and stream compliant to Flash players, now in VP6; then after NAB they say for H.264 Flash, then the world will change. Mac users and 99% of others (flash adoption) around the world have an easy-no hassle solution for Live high quality, even HD stream viewing over existing networks and programing, the world will change. I hope Adobe capatalizes on this makes it a top strategic effort this year for the company, if so Flash will slaughter Microsoft efforts again to get domination with silverlight (or was it Crackle, Sparckle, Sizzle or the others they tried before silverlight). I also understand that MTV and Viacom has purchased several encoding units this month from Kulabyte and plans to use them for the Nickelodean Kids Choice awards on March 29 and other live events. I saw the Operation My Space on a 42 inch HD LCD in my living room and it was Awesome! I will be waiting to see this March 29 event if MTV uses it for this.