I need help as to record a live video live and automatically so that you can save as video on demand is give you an example http://www.carolina.cl/player/freaky-channel/ with the same player can view live or space backwards and watch on demand
I believe you are looking for DVR? Wowza has a premium add on which you can read about here:
AddOn: Wowza nDVR
And here is the pricing structure for the add on:
Thank you, and I hope this answers your question.