In a great move, Adobe announced today that as part of their Open Screen Project they would be releasing a full specification for RTMP (Real Time Messaging Protocol) which is designed for high-performance transmission of audio, video, and data between Adobe® Flash® Platform technologies. Providing developers and companies open and free access to RTMP is the latest advancement of the Open Screen Project, an industry-wide initiative to enable the delivery of rich multi-screen experiences built on a consistent runtime environment for Web browsing and standalone applications across personal computers, mobile devices, and consumer electronics.

The RTMP specification is expected to be posted on the Adobe Developer Connection (www.adobe.com/devnet/rtmp ) in the first half of 2009.

More information can be found in the official Press Release Here:
http://www.adobe.com/aboutadobe/pressroom/pressreleases/200901/012009RTMP.html

Today Adobe released Flash Media Interactive Server 3.5 and Flash Media Streaming Server 3.5. You can now download the FREE Development server right now and try it out for yourself from http://www.adobe.com/go/fms/. Adobe has also released Flash Media Live Encoder 3.0 with support for multi-bitrate encoding plus DVR functionality. You can download FMLE3 for FREE from http://www.adobe.com/go/fme/.

Check out Kevin Towes blog entry here for even more details.