There is no way how to convert a playlist (.m3u8) to an actual MP3 audio, i.e. perform m3u8 to mp3 conversion. A playlist contains just references to the location and order of the .mp3 file that should be played back. All .mp3 files listed in playlist .m3u8 file must be together with playlist file or have correct paths to play playlist properly.
Updated: May 12, 2020
Unfortunately, there is no detailed software record in the database that match this conversion.
M3U8
Files with m3u8 file extension are playlists saved in special M3U UTF-8 (Unicode) text playlist format. Playlists do not contain any multimedia content, just the list of songs or other multimedia files. Playable in almost every media player.
MP3
The mp3 file extension is traditionally used for one of the most common type of compressed audio files MP3s, which you can playback using almost any media player.
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