Is it possible to use a sub domain on a different server than the actual domain?

Let's say I have two servers.

Server 1 has the domain: mydomain.com and is used for the site and content.

Server 2 has no domain and is used for media (images, video, etc.)

I'd like server 2 to be a media server so if the bandwidth is gone, it does not affect server 1 which actually has the site and content.

I'd like to make a sub domain (media.mydomain.com) and have that be the address to server 2. Is this possible?

 

 

 

 

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