JubrilBuhari:
Certainly not.
Dude won't afford direct channels fees to broadcast on Iptv so it's most certain he is rebroadcasting from third party service that he has to pay small fee which is very illegal.
I don't want to delve on the software implication of this as he will have to pay for dedicated server and if he is using weak server his channels will be buffering and hanging like hell.
I am certainly interested in streaming his channels with 1g networks. mmm stuff. 
And yeah I believe he is making use of a dedicated server, so basically he pulls his stream from thirdparty Providers(
illegal) and then pushes the stream out with his own server running
FLUSSONIC.
https://flussonic.com/. Also the whole PIPULTV CMS is powered by
IPTV MIDDLEWARE.
https://iptvmiddleware.com/. In Total I don't see them not getting sued once they are detected to be running via illegal streams