A system, a method and an apparatus for distributing streaming media, include that a terminal node sends the inquiry request carrying the address information of itself to a global server; the global server determines the affiliated domain of the terminal node according to the address information, and returns the domain server information of the affiliated domain; the terminal node sends streaming media data obtaining request to the domain server of the affiliated domain; the domain server of the affiliated domain inquires whether there is the streaming media data in its local domain; if yes, the streaming media data is returned and/or the information of the other terminal nodes which have the streaming media data in their local domains is returned; if not, the requested streaming media data is obtained from the other domain servers in the core network and/or the global server and sent to the terminal node by the way of P2P; the terminal node receives the returned streaming media data and/or obtains the requested streaming media data from the other terminal nodes by the way of P2P according to the returned information of the other terminal nodes. The system can satisfy the demand of streaming media distributing of the large-scale concurrent users.