Watch live online streaming of the London Olympic opening ceremony going on RIGHT NOW! NBC is planning on a record 5,3535 hours of coverage across nine NBC networks, according to Forbes.

The opening ceremony started at 9 p.m. London time (4 p.m. ET) on July 27. An amazing $42.5 million (GBP 27 million) opening ceremony has been prepared by Oscar winning director Danny Boyle, and will mark the opening of the two week sports fest. NBC is going to have 2,000 more hours of coverage of the London games than of the Beijing games.

BBC and Youtube is streaming live coverage for viewers. The International Olympic Committee (IOC) will be posting videos directly on Youtube from the Games. The opening ceremony for the Olympics on July 27 is expected to draw in billions of viewers, skyrocketing NBC ratings.

The ceremony, entitled "Isles of Wonder," will feature a parade of all the athletes from 204 nations and also musician Paul McCartney.

The Opening Ceremony can also be watched online through a live stream by clicking HERE.

Four years ago, NBC got the swimming finals in Beijing Games moved to the morning so U.S. audiences could see Michael Phelps chase eight gold medals live in primetime, according to Forbes.

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Live streaming, Live stream, London 2012 olympics, London 2012