Have you configured your application correctly?
Set the HTTPStreamers property to:
And set the Streams/LiveStreamPacketizers property to:
If you aren't using Wowza Streaming Engine 4.0 or later, you must add the following property to the HTTPStreamer/Properties container in [install-dir]/conf/[application]/Application.xml (be sure to get the correct Properties container; there are several in the Application.xml file):
For more detailed information, please review this guide:
How to do adaptive bitrate streaming