Hosting a media server and network requirements.

I was tasked with building a media server. We will be using it to host videos for virtual training. My company wants a on premise server. We want to connect or use it to work with LMS on-premise. The way we are thinking is having a link on LMS to the video unless theres a better way to do it. Do you have any ideas or things for me to consider before dropping a few grand. We have a big budget for the project.

Any helps is greatly appreciated.