FFMpeg is a cross-platform solution to record, very fast video and audio converter that can also grab from a live audio/video source.  You should have access the CentOS / RHEL 8 in your system before you continue the steps below,

The RPM Fusion repository helps to install the software easily so it was created to provide software not shipped by Fedora and Red Hat based distributions. And all the packages are available in the repository are provided as PRM files.

We can install the FFmpeg software on your CentOS 8 or RHEL 8 version from RPM fusion repository.  Before you need to install the software have to enable EPEL or compatible distributions.

$ sudo dnf -y install https://download.fedoraproject.org/pub/epel/epel-release-latest-8.noarch.rpm

$ sudo yum-config-manager --enable powertools

$ sudo dnf install -y https://download1.rpmfusion.org/free/el/rpmfusion-free-release-8.noarch.rpm

$ sudo dnf install -y https://download1.rpmfusion.org/nonfree/el/rpmfusion-nonfree-release-8.noarch.rpm

Install the FFmpeg software in your machine using the commands below,

$ sudo dnf -y install ffmpeg

Once you have installed the FFmpeg software you can check the version using the command below,

$ sudo ffmpeg -version

ffmpeg version 4.2.7 Copyright (c) 2000-2022 the FFmpeg developers
built with gcc 8 (GCC)
configuration: --prefix=/usr --bindir=/usr/bin --datadir=/usr/share/ffmpeg --docdir=/usr/share/doc/ffmpeg --incdir=/usr/include/ffmpeg --libdir=/usr/lib64 --mandir=/usr/share/man --arch=x86_64 --optflags='-O2 -g -pipe -Wall -Werror=format-security -Wp,-D_FORTIFY_SOURCE=2 -Wp,-D_GLIBCXX_ASSERTIONS -fexceptions -fstack-protector-strong -grecord-gcc-switches -specs=/usr/lib/rpm/redhat/redhat-hardened-cc1 -specs=/usr/lib/rpm/redhat/redhat-annobin-cc1 -m64 -mtune=generic -fasynchronous-unwind-tables -fstack-clash-protection -fcf-protection' --extra-ldflags='-Wl,-z,relro -Wl,-z,now -specs=/usr/lib/rpm/redhat/redhat-hardened-ld ' --extra-cflags=' ' --enable-libopencore-amrnb --enable-libopencore-amrwb --enable-libvo-amrwbenc --enable-version3 --enable-bzlib --disable-crystalhd --enable-fontconfig --enable-frei0r --enable-gcrypt --enable-gnutls --enable-ladspa --enable-libaom --enable-libdav1d --enable-libass --enable-libbluray --enable-libcdio --enable-libdrm --enable-libjack --enable-libfreetype --enable-libfribidi --enable-libgsm --enable-libmp3lame --enable-nvenc --enable-openal --enable-opencl --enable-opengl --enable-libopenjpeg --enable-libopus --enable-libpulse --enable-librsvg --enable-libsrt --enable-libsoxr --enable-libspeex --enable-libssh --enable-libtheora --enable-libvorbis --enable-libv4l2 --enable-libvidstab --enable-libvmaf --enable-version3 --enable-vapoursynth --enable-libvpx --enable-libx264 --enable-libx265 --enable-libxvid --enable-libzimg --enable-libzvbi --enable-avfilter --enable-avresample --enable-libmodplug --enable-postproc --enable-pthreads --disable-static --enable-shared --enable-gpl --disable-debug --disable-stripping --shlibdir=/usr/lib64 --enable-libmfx --enable-runtime-cpudetect
libavutil      56. 31.100 / 56. 31.100
libavcodec     58. 54.100 / 58. 54.100
libavformat    58. 29.100 / 58. 29.100
libavdevice    58.  8.100 / 58.  8.100
libavfilter     7. 57.100 /  7. 57.100
libavresample   4.  0.  0 /  4.  0.  0
libswscale      5.  5.100 /  5.  5.100
libswresample   3.  5.100 /  3.  5.100
libpostproc    55.  5.100 / 55.  5.100