OK, I went a bit further:
http://www.torrejon.co.uk/stream.asp give a response from a web database with audio streams and location within the movie (or picture but in my case I want for movies)
Then my plugin parse it and embed the audio into the video so at different locations there are different live streams (if instead of http:// there is nothing then is considered a local file on local server)
User can turn the volume up and down with the mouse wheel.
And the result is....
http://www.torrejon.co.uk/pano.html
(Sorry I borrowed the video from krpano)
At some point I will produce a public plugin. Let me know if somethiong doesn't work (still I have to polish it), such as the mouse wheel goes backward after reaching the maximum.