Bro move the livestremmer from your c drive to videos or some other folder because you know when we copy anything from anywhere to program files its asks for admins permission, same way when the video is trying to write itself into the folder it does not allow it.
btw, you can use adownlowder use the same link (this one
http://video.voot.com/enc/fhls/p/198...mp4/index.m3u8) that you would use for livestreemer and it will be in playable mp4.
If you download it with livestremmer then your file whould be in .ts if you download it adownloder then it will be in mp4.