This is how my ffmpeg looks like. You are right it is not compiled, just installed from package manager. I know its always better to compile from source but on ARM it takes forever

ffmpeg version 1.2.1
built on Jun 24 2013 07:49:34 with gcc 4.5.4 (GCC) 20111110 (prerelease)
configuration: --prefix=/ffp --disable-static --enable-shared --enable-gpl --enable-version3 --enable-nonfree --enable-small --disable-encoder=aac --disable-decoder=aac --disable-armv6 --disable-armv6t2 --disable-amd3dnow --disable-amd3dnowext --disable-mmx --disable-mmxext --disable-sse --disable-sse2 --disable-sse3 --disable-ssse3 --disable-sse4 --disable-sse42 --disable-vfp --disable-mips32r2 --disable-mipsdspr1 --disable-mipsdspr2 --disable-mipsfpu --enable-zlib --enable-postproc --enable-swscale
libavutil 52. 18.100 / 52. 18.100
libavcodec 54. 92.100 / 54. 92.100
libavformat 54. 63.104 / 54. 63.104
libavdevice 54. 3.103 / 54. 3.103
libavfilter 3. 42.103 / 3. 42.103
libswscale 2. 2.100 / 2. 2.100
libswresample 0. 17.102 / 0. 17.102
libpostproc 52. 2.100 / 52. 2.100
Checked log and found this:
2014-02-20 18:33:08,718 WARN [FeedUpdaterThread] Failed to retrieve online item information for
http://clients.cdnet.tv/h/14/1/1/MkFHcn ... a2pvcE9zbQ. It might not play.
java.io.IOException: org.serviio.library.local.metadata.extractor.InvalidMediaFormatException: Unknown video file type.
The stream is encrypted but plays just fine on VLC. The long row of numbers and letters following domain name is the encryption key. Maybe Serviio does not understand this. But I don't think so because Serviio PC version works just fine with the same steam link.