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Create a job profile and use H264 Encoder -IP_Streaming, create a distribution profile under IP_Stream (multicast IP and port)
Test IP capture by installing VLC in MXE3500.MXE3500 cannot capture multicast TS streaming,so I decided to run a TCS Unicast Streaming.
Lastly, create a live event.
Run VLC, open network stream, enter udp://@MulticastIPAddress:port
There you go.....