Not sure if many of you guys are using, or have tried to use, the ps4 media player to stream content. I tried it out at launch and couldn't get it to work. I finally took some time tonight and played around with it again. After messing around with it, I got it to kind of start working. Ran into issues where it would read a file, then I would exit out and re-try, and it would no longer read the file. I'd have to close the application and re open to get it to play again. I also ran into issues with it only playing some mkv files, or playing the video but not the audio.. I guess it only accepts certain video/audio qualities, which vary depending on the rip.
So long story short, the whole thing is a pain in the ass and only works properly a quarter of the time.
I did some research and ended up downloading universal media server. And man, is it ever easy. Nothing to configure, and all of my files work without issue now. It's like a much more stable and straightforward version of the ps3 media server. So if anyone else here was struggling like I was, download ums.