You can do the same thing with a video capture card for your computer, plus MP3 streaming software.

I'll leave it to someone else to suggest specific pieces of hardware and software.

Mike, good shot. that'll be better. and by remotely accessing our home PC, we can get what we want. but please, as you have mentioned, i need a help in the needed best fit hardware, anyone can advise?

Looks as if my comment is a few years too late, though what I do now is as possible as it was back in 2004.

Without a capture card for the computer, you can still get the audio. Buy or build an IR transmitter and grab some software to control it. Connect a VCR's audio out to the line-in on your soundcard. Have a CGI script set up that controls the IR transmitter to change channels. Have a streaming audio server set up on another port, preferrably with some compression.

Using a capture card is about the same, minus the need of a VCR and IR transmitter. CGI script calls the commands to change the channel of the tuner. Audio might be captured through the soundcard or directly from the capture card. Some cards might also compress the data for you.

So far I've had luck with both the hightech solution of MythTV and the lower tech solution of netcat.

As an alternative, you can leave your VCR tuned to the proper channel and schedule a recording at the proper time. I've done this for radio recordings with much luck.