How to Stream Bloomberg TV on Linux

In my quest to get Microsoft and paid software in general off of my computer, I've been continually frustrated in trying to play Bloomberg TV on my Linux installation because their website uses a proprietary Microsoft codecs for sound. I've tinkered around enough now to find a solution to this problem. In VLC media player or MPlayer (my preferred approach) open network site mms://wmslive.media.hinet.net/Weblive_Bloomberg_600

Here's what it looks like: