Abstract: Disclosed are a system and a method for distributing live broadcast content, wherein the method includes: a film library server converting a signaling sent by a live broadcast encoder for uploading/deleting/updating a file into live broadcast streaming data packets in a predetermined format; actively pushing or passively sending the converted live broadcast streaming data packets to an intermediate node server, or the intermediate node server receiving or actively pulling the live broadcast streaming data packets from the film library server until the live broadcast streaming data are actively pushed or passively sent to an edge node server; and the edge node server which receives the live broadcast streaming data packets recovering the live broadcast streaming data packets to the signaling previously sent by the live broadcast encoder, and generating/deleting/updating a corresponding media segment file and playlist description file according to an instruction of the signaling.