There is, but I would assume it's having to use software decode, which is battery draining, and you have to have good wifi. This is a solved problem, the Steam Link had been doing H264 hardware decode to do streaming across networks. But you need that hardware support to make it polished and well useable. Android phones currently have chips for hardware H264, so they really could do this as an official features if they wanted to, it's just very dissapointing that they don't.