On single request and you're all set with a powerful live stream that supports 4K broadcasting for an unlimited amount of viewers... Great product if you want to programmatically integrate live video in an app!!
This seems to be a dev friendly product that responds well to the problem "how to deal with video when you don't have time and when you can not use YouTube".. I've not tested it yet but it seems that videos can be available immediately after uploading.. which is nice..
The API looks like a simple video recorder : record, stop, ...