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My advice is two servers
Server 1
- just to host the script (application)
- can even use cPanel for easier management
- apache (+ varnish) would do just fine
- maybe a cdn to serve static files (like .js .css and desing elements .jpg .png .gif)
Server 2
- would host all videos (and thumbs)
- no control panel
- would use ngix instead of apache
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