This tutorial covers the basic idea of creating a time lapse video of a prerecorded video on Flash Media Server. Using the Stream object on the server side, we talk about how to play one video to then create a completely new video on the server. Server side coding, how to use streams and coding in Actionscript 3 are a few of the key points in this tutorial with other small hints and tips on how to develop server side code and work with AS3.