Bandwidth
1000 users x 2 videos avg each x 40mb a video = 80GB
If that's 1000 viewing all at once, that is 80GB for what - 30 minutes?
3,840 GB a day;
115,200 GB a month;
You will need a virtual or dedicated server that will give you unmetered bandwidth.
Price anywhere from $75 to $300 a month.
Storage
1000 videos x 35 mb each = 35 GB;
10,000 videos - 350GB;
100,000 videos - 3.5TB;
Check out these discussions:
http://www.webhostingtalk.com/showthread.php?t=873070
This might work for now:
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http://www.webhostingtalk.com/showthread.php?t=873284