GMax FLV Encoder is a multimedia capture application (both audio and video), that can develop an FLV stream continuously in real time, via an integrated HTTP server.
The video stream will be codified with FLV (Flash Video), and the sound in MP3. You can use any program that supports FLV as a remote player. Another interesting GMax FLV Encoder option is to use the integrated player in HTML code that the codifier already includes.