Now-a-days, network group, Peer-To-Peer (P2P) network is exploring as a good candidate for resource sharing over the Internet. Compared with traditional file sharing workloads, continuous streaming of multimedia content provokes a significant amount of today’s internet traffic. Streaming media has various real-time constraints such as insufficient memory, high bandwidth utilization for large-scale media objects and lack of cooperation between proxies and their clients. Therefore, sharing of large multimedia objects between similar interests has become predominantly important for on demand video streaming applications.