Add to ORKGSignificant portion of today’s internet traffic emerge from multimedia services. When coupled with growth in number of users accessing these services, there is tremendous increase in network traffic. CDNs aid in handling this traffic and offer reliable services by distributing content across different locations. The concept of virtualization transformed traditional data centers into flexible cloud infrastructure. With the advent of cloud computing technology, multimedia providers have scope for establishing CDN using network operator’s cloud environment. However, the main challenge while establishing such CDN is implementing a cost efficient and dynamic mechanism which guarantees good service quality to users. This thesis aims to develop, i...