Download Streaming Video and Audio From Any Website Using LiveDownloader

We regularly watch streaming content on the internet, mainly on YouTube, but many of us also tune into other websites to watch online movies, Online TV series & even to listen to live music online, Now if these online movies, TV series or Videos were hosted on YouTube then there was an easy method to download videos from YouTube as described earlier in one of the posts here on Techie WhizKid. But what if they were hosted on other websites? for eg – DailyMotion, megavideo or viddler,  Is there any way through which we could download Streaming Video and Audio From Any Website?

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