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Fail ...
50% of internet devices are non Flash now -- Android or iPhone/iPod.
If you want all the market -- Flash is dead. HLS was a stepping stone not a final end.
The new Web RTC multiviewer HTML5 will be finished in a few months -- Wait. Meerkat has one working platform in Alpha, Twitter's Periscope has on coming soon. I would wait for that technology.
Web RTC uses sockets in your browser and TURN ans STUN servers (like Skype [SIP protocols])
We have a 1:1 Cam to cam Web RTC in beta (mainstream) right now. I foresee a big shakeout in the adult cam industry regarding this ''disruptive' or ''innovative'' technology.
I think the shit is about to hit the fans -- wear a hat ....