I'm not sure if I understand what you mean with 'live video stream'. Does it mean you want to use the camcorder as webcam ? Then it depends on if there is a webcam driver which works with the camcorder. What does 'lsusb' show when you have the camera connected ?
I don't know this camera, if you don't find info in the internet, you will probably have to do some trial and error with the webcam modules in /lib/modules..., but don't expect too much. My panasonic camcorder doesn't work as webcam as well.