Live Audio Webcast from Linux Server

I want to develop a "Webcast" type of Web site that will include a live audio stream.  The application is that we are going to have a presenter present a topic that will include some graphics on the screen.  The end user is then listening to a broadcast and watching various grapics display on the screen.  

We will be using a Linux RedHat 5 server and the website code will be written in php 5.  

The source for the audio will be a phone call that will be encoded and sent to the server from a local computer.  

My question is what is the best way to broadcast live audio from the server.  What software needs to be on both the server and on the local machine?  

I've searched thru EE but most of what I'm seeing is technology that is a number of years old or is a paid service.  I'm interested in buying the software needed to host this totally on our server.

Thanks.


My question is  
Paul KonstanskiProject SpecialistAsked:
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Paul KonstanskiConnect With a Mentor Project SpecialistAuthor Commented:
I'm going to spend some time following the instructions given and the subsequent trails.  I will award points after investigating what has been presented.  I will continue to add relevant questions and may accept multiple solutions.
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pius_babbunCommented:
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Paul KonstanskiProject SpecialistAuthor Commented:
The link provided by pius_babbun seems to be an instruction on how to load and then play a media file from a machine that is running Linux.  That is not what I'm looking for.  I am wanting to do a live broadcast of a audio stream from a server.
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pius_babbunConnect With a Mentor Commented:
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Paul KonstanskiProject SpecialistAuthor Commented:
Wasn't quite the technical answer I was looking for.  This was an old question and I had to abandon it to be able to ask another questions.
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