how to embed an http Live link

[megalivestream]

Hi all ,

I need a little help here if anyone can help it would be much appreciate it .

I have a wordpress website and have the following code embeded in my website

<embed type='application/x-mplayer2' pluginspage='http://www.microsoft.com/isapi/redir.dll?prd=windows&sbp=mediaplayer&ar=Media&sba =Plugin&'src='http://77.51.249.17:8043' name='MP' width='575'height='400' showstatusbar='1' showcontrols='1' showdisplay='0'autosize='0' showcaptioning='0' enabletracker='1' showtracker='0' enablecontextmenu='0'volume='0' showpositioncontrols='0' showaudiocontrols='1' autostart='true'> </embed>

This is for a live russian TV Channel . I have VLC installed on my machine , the IVE video plays ok in firefox but doesn't play in Internet explorer . The link on my website is this http://www.megalivestream.com/nickel...3;-russian-tv/
you can try it your self in both browsers and see your self .

Could someone please help me in making this videos plays in internet explorer and firefox . I am guess the code needs to be tweaked . Any help is greatly appreciate it . I don't care if i have to change the code as long as it plays in both browsers without any errors .

Thanks much in advance .