Deploying Video hosting script on the server is the best way to run a video hosting sites within a few hours. If you are not a developer or do not want to hire, you can always choose to buy readymade scripts.
Below is the list of best video hosting scripts on the market.
Create a professional video hosting site using sibsoft's xvideosharing script. Xvideosharing script is probably the best script available on the market. But, if you want to customize a little, you should learn to code Perl.
Clipbucket is not just a video hosting script, but it is also packed with community features like on YouTube. You can create highly scalable video sharing site using this amazing PHP script.