System is a new signal transcoding and collection system, uses the pure hardware StreamNet blade embedded cluster equipment, direct coding or transcoding signal for the general format of the IP multicast, server IP via gigabit Ethernet real-time IP broadcast IP program or directly recorded files. The signal sources include QAM of dvb-c, QPSK of dvb-s, ABS-S, DTMB or dvb-t, ASI code flow, IPTV, SDI, analog TV, AES digital audio, FM radio, etc. Support CAM large card to handle encrypted program; support high/standard Mpeg-2, Mpeg-4, H.264, AVS+ and all other mainstream coding formats.