Wikipedia is your friend :-)
You cannot simply 'split' an HDCP-enabled HDMI signal to 2 different devices simultaneously. Unless it's an HDCP-capable splitter that can re-encrypt and authenticate each attached device separately. And HDCP probably won't work with any one-way HDMI transmitter/receiver combo, as the receiving device (projector) won't be able to respond to any authentication requests from the box.
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