var
  btn = document.querySelector("button"),
  canvas,
  cStream,
  aStream,
  vid,
  recorder,
  analyser,
  dataArray,
  bufferLength,
  chunks = [];

function clickHandler() {

  btn.textContent = 'stop recording';
  
  if (!aStream) {
    initAudioStream();
  }
  
  cStream = canvas.captureStream(30);
  cStream.addTrack(aStream.getAudioTracks()[0]);

  recorder = new MediaRecorder(cStream);
  recorder.start();

  recorder.ondataavailable = saveChunks;

  recorder.onstop = exportStream;

  btn.onclick = stopRecording;

};

function exportStream(e) {

  if (chunks.length) {

    var blob = new Blob(chunks, { type: chunks[0].type });
    var vidURL = URL.createObjectURL(blob);
    var vid = document.createElement('video');
    vid.controls = true;
    vid.src = vidURL;
    vid.onend = function() {
      URL.revokeObjectURL(vidURL);
    }
    document.body.insertBefore(vid, canvas);

  } else {

    document.body.insertBefore(document.createTextNode('no data saved'), canvas);

  }
}

function saveChunks(e) {

  e.data.size && chunks.push(e.data);

}

function stopRecording() {

  vid.pause();
  btn.remove();
  recorder.stop();

}

function initAudioStream() {

  var audioCtx = new AudioContext();
  // create a stream from our AudioContext
  var dest = audioCtx.createMediaStreamDestination();
  aStream = dest.stream;
  // connect our video element's output to the stream
  var sourceNode = audioCtx.createMediaElementSource(vid);
  sourceNode.connect(dest)
  // start the video
  vid.play();

  // just for the fancy canvas drawings
  analyser = audioCtx.createAnalyser();
  sourceNode.connect(analyser);

  analyser.fftSize = 2048;
  bufferLength = analyser.frequencyBinCount;
  dataArray = new Uint8Array(bufferLength);
  analyser.getByteTimeDomainData(dataArray);

  // output to our headphones
  sourceNode.connect(audioCtx.destination)

  startCanvasAnim();
  
}
function enableButton() {

  vid.oncanplay = null;
  btn.onclick = clickHandler;
  btn.disabled = false;

};

var loadVideo = function() {

  vid = document.createElement('video');
  vid.crossOrigin = 'anonymous';
  vid.oncanplay = enableButton;
  vid.src = 'https://dl.dropboxusercontent.com/s/bch2j17v6ny4ako/movie720p.mp4';

}

function startCanvasAnim() {
  // from MDN https://developer.mozilla.org/en/docs/Web/API/AnalyserNode#Examples
  canvas = Object.assign(document.createElement("canvas"), { width: 500, height: 200});
  document.body.prepend(canvas);
  var canvasCtx = canvas.getContext('2d');

  canvasCtx.fillStyle = 'rgb(200, 200, 200)';
  canvasCtx.lineWidth = 2;
  canvasCtx.strokeStyle = 'rgb(0, 0, 0)';

  var draw = function() {

    var drawVisual = requestAnimationFrame(draw);

    analyser.getByteTimeDomainData(dataArray);

    canvasCtx.fillRect(0, 0, canvas.width, canvas.height);
    canvasCtx.beginPath();

    var sliceWidth = canvas.width * 1.0 / bufferLength;
    var x = 0;

    for (var i = 0; i < bufferLength; i++) {

      var v = dataArray[i] / 128.0;
      var y = v * canvas.height / 2;

      if (i === 0) {
        canvasCtx.moveTo(x, y);
      } else {
        canvasCtx.lineTo(x, y);
      }

      x += sliceWidth;
    }

    canvasCtx.lineTo(canvas.width, canvas.height / 2);
    canvasCtx.stroke();

  };

  draw();

}

loadVideo();

button { vertical-align: top }

<button disabled>record</button>