Is possible to stream encrypted content (DRM) using only Javascript and HTML5 audio and video tags, leaving behind and not using the SWF approach?
Yes - you can playback encrypted content with certain browsers just using HTML5.
Let's look at the entire workflow.
On the server side: you have to encrypt your content and provide a license server.
for example:
On the client side: you need a browser that supports encrypted media extensions (EME).
Netflix started working on it two years ago: http://techblog.netflix.com/2013/04/html5-video-at-netflix.html and supports it now on a variety of browsers and platforms.
you have to use Encrypted Media extension for it:
here is a link from w3c:
https://w3c.github.io/encrypted-media/
more explanation with programmatic sample here:
http://www.html5rocks.com/en/tutorials/eme/basics/
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