Capturing Radio Broadcast Streams with Mplayer

My wife and I took our honeymoon in Australia and I can admit that there are numerous occasions where I hunger for a bit of Aussie. I recently explored how to capture an audio stream to play back on my MP3 player (since our office frowns on streaming).

This is how I've been capturing Triple-J streams for fun;

$ mplayer http://202.6.74.107:8060/triplej.mp3 -dumpstream -dumpfile /tmp/audio.mp3