I don't see any way of removing DRM protection from online streams. DRM removal software are intended to be used with legally purchased files only. And it is definitely illegal to distribute copyrighted content.

I don't see any problem to use most if not all media stream recorders to record DRM-protected content. Obviously any content provider should use one-time play licenses. If it does, then your recording is your first and the only time you can get access to such streams.

Can you remove DRM protection from Windows Media files without valid licenses allowing you to play your files? Absolutely not!

And there are no DRM removal tools you can use with DRM-protected media streams.

DRM removal software will work only if for whatever reason your content provider allows you to play your stream recorded with some media stream recorder. IMHO in most cases you will be able to use screen video capture software only.