In case someone faces this.
After updating the RPM and running kaltura-config-all.sh KMC wasn’t working anymore.
I changed it value in base.ini to:
Then I restarted apache.
and It worked after that.
This was the error:
==> /opt/kaltura/log/kaltura_apache_errors.log <==
[Tue Dec 16 19:38:15 2014] [error] [client 10.100.22.0] File does not exist: /opt/kaltura/web/flash/kmc/v5.37.27, referer: http://backend1.flomina.com/index.php/kmc/kmc4