Here is a How to, the objective is to demonstrate the setup of a PHLS live stream. PHLS means Protected HLS : the custom format of HLS by Adobe. The protection is realized with a AES-128 encryption on the content. To make this configuration, you need a streaming server which will push content via RTMP. Some live transcoders are available from ElementalLive to ffmpeg. And you need too a Adobe Media Server 4.5 installed to complete this how to. All I write in this post is available via the FMS documentation.