I haven't looked at all at packaging at all, but it looks like what is required to build this is:
prereqs: hg, lsdiff (patchutils), wget, Digest::SHA, Proc::ProcessTable
Then:
hg clone
http://linuxtv.org/hg/~endriss/media_build_experimental#ada40c8874d5cd media_build_experimental
make download
make untar
VER=3.14.14 OUTDIR=/path/to/linux-3.14.14/ SRCDIR=/path/to/linux-3.14.14 make
This is borrowed from a Gentoo ebuild. It bypasses the media-build "build" script, which looks like a lot of effort to ensure the prereqs are installed and give hints on how to install them for various distributions. This picks a version of media-build from 2015-05-09, which isn't up to the minute, but it does compile against 3.14. There may yet be some gotchas in there.