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One thing I could use is a Node.JS library for streaming MP4s and other vidoe streams to WebRTC directly. Basically use WebRTC as a low latency streaming video means.

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While I haven't investigated deeply, it might be worth looking at https://github.com/medooze/media-server-node and http://www.kurento.org/.

You can use Janus for this - it's a server daemon that you can blast plain RTP to, and it will relay it to all connected WebRTC clients.

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