A QuickTime 10060 error is normally due to a firewall or proxy server blocking the normal transport protocols enabling QuickTime to stream properly.

We stream over port 80 and you can set the QuickTime player to play streams over http on port 80 (the same port as normal web page traffic).

Windows: Open QuickTime and select Edit -> Preferences from the top navigation bar. Next select QuickTime preferences.

Select “Streaming Transport” from the drop down bar.
Select the “Use the this protocol and port ID” option and then.
“Use HTTP, Port ID:” and keep the default “80″ setting.

Mac OS X: System Preferences -> QuckTime-> Advanced tab
Click on Transport Setup and choose Custom. Select HTTP on port 80.

You should no longer get a QuickTime 10060 error. If you still have a problem, you will have to talk to your network's manager.