looking for a hosted solution to sunsonic

[grx123]

I have 40 gbs of audiobooks that I need to use. My bandwith usage 4-5gb/mo. The supported site would be bit too expensive. I was looking to run subsonic on VPS and monthly bill of around 8-10$ is it possible? anyother cheaper alternatives?
will sunsonic work on openvz environment
http://vpslink.com/