Device, system and method for allocating resources for video streaming

A device comprising:

• a communication interface configured to communicate with a streaming system;
• and, a controller configured to:
• determine respective differences between reserved allocated bandwidth and actual allocated bandwidth for respective videos provided to the streaming system by client devices;
• select, via the communication interface, at the streaming system, first reserved aggregate allocated bandwidth, from a plurality of discrete selectable allocated bandwidths available at the streaming system, the first reserved aggregate allocated bandwidth selected based on the actual allocated bandwidth for the respective videos, the first reserved aggregate allocated bandwidth for streaming the respective videos to video-playing devices;
• monitor, via the communication interface, used bandwidth for streaming the respective videos to the video-playing devices from the streaming system;
• and
• in response to determining that the used bandwidth is within a threshold value of the first reserved aggregate allocated bandwidth:
• select, via the communication interface, second reserved aggregate allocated bandwidth, from the plurality of discrete selectable allocated bandwidths, for streaming the respective videos to the video-playing devices, the second reserved aggregate allocated bandwidth selected based on the respective differences between the reserved allocated bandwidth and the actual allocated bandwidth for the respective videos.