For those of you who don't know, SplashStream is a computer program that allows you to watch TTV (Traders TV Network) and other programming on your PC.

Can I record TTV programs on my DVR?
Here is the answer from the official FAQ
A. Yes! In fact, we provide you with a free upgrade to a digital video recorder that can record up to 100 hours of your favorite TTV programs and training broadcasts.

So at least you can record TTV programs from a satellite.

But we're interested in recording something that our SplashStream can deliver to the PC... Hmmmmm... I don't have a subscription so it is hard to advise.

Let's delve into the FAQ again...
What are the computer system requirements for SplashStream?
A. SplashStream Minimum System Requirements:
Windows 2000 or Windows XP; 500MHz Intel Pentium processor or equivalent; 256MB of RAM; broadband internet (DSL or cable modem); 16-bit sound card and speakers; video card; Windows Media Player 9 or above.

OK, we see Windows Media Player here. It means that they could probably use Windows Media streams. Although they may use something else. And they may use Windows Media streams with proprietary protocol.

What shall you do? I suggest you to try WM Recorder (the most powerful Windows Media stream recorder) in the Proxy or/and Ada mode. It is free to try.

In case of a failure use Packet sniffer and URL Snooper software like free Project URL Snooper to get URLs used by SplashStream. Post them here so that we can analyse more.

And in case of non-recordable and DRM protected streams, we can always use Screen capture software

And I suggest you to contact TTV support and request the recording feature in the SplashStream.