streaming video live

I read this offer https://forumweb.hosting/marketplace/colombiawebs-streaming-tv-station-and-streaming-video-live-panel-media-cp.2294/ but really don't understand what is streaming Video Live and why need a hosting for that? can anyone explain for me?

Colombiawebs.com Is a web hosting company in Colombia, leader in the Latin American market With 10 years' market experience, with thousands of customers and excellent customer service Whats included? Streaming Video (Media CP) AutoDJ 24/7 Ticket and Live Chat Support Phone Support [Local]...