According to a report on Streaming Media, technical advancements have now made it possible to create live-to-VoD services from one type to other without undergoing a complete infrastructure change. This can be done by applying software-defined video solutions. The video in the source link shows industry experts discuss how catch-up tv assests can be created using OTT workflows, for existing broadband networks. They also mention the use of JIT packaging for simplification, reducing costs, producing content and embedding encryption with JIT DRM.
Source: Streaming Media