The error message is : Unable to find a suitable output format for ‘[watermark];’
The command is: ffmpeg -i C:\stream\content\movie.flv –
vf ‘movie=0:jpg:logo.jpg,pad=300:200:0:0:0x00000000 [watermark]; [in] [watermark]overlay=0:0:1[out]’ -re -acodec copy -ar 22050 -vcodec h264 -f flv rtmp://localhost/live/livestream