Just in case anyone else is having the same issue as me I thought I would post my solution.
I made a custom post type live-tv so that the user can add the live broadcasting there. When a post is published I have a loop on the front page that gets only one post (they only have one live broadcast at the time) and then style the front end as I want.
I understand that this was a difficult question to wrap your minds around and I'm terrible at explaining. But thanks for trying to help.