VLC player 1.1.5 issue - not playing the HTTP video

[ra1981]

I am using VLC player 1.1.5 to open the below webpage, which points to a live streaming video. It works fine on a browser (having WM plugin), but it doesn't play on VLC. What am I missing?

http://www.idesitv.com/ajax/getembedcod ... bedid=1088

Would appreciate your help.