A system for intelligent video streaming a video controller having at least one processor and non-transitory computer readable media having a set of instructions executable by the at least one processor to receive a playback request from a user device for a live stream, determine, from the playback request, whether source streaming content for the live stream is being transcoded, and allocate an available transcoder to transcode the source streaming content. The system further includes a transcoding having at least one processor and non-transitory computer readable media having a set of instructions executable by the at least one processor to join the multicast stream, retrieve the source streaming content, and transcode the source streaming content, and provide transcoded streaming content for delivery to the user device.