More on Network Live: Part 3

As we reported first, the three companies involved, AOL, AEG and XM, have formally announced the company: "Network Live", in part owned by the three, along with Kevin Wall. Network Live will produce live programming focusing on music and comedy performances - many originating from AEG owned or operated venues, such as Staples Center...The company will also leverage the expertise of AEG's live entertainment division, AEG LIVE.
Timothy Leiweke, President & CEO, AEG: "An ambitious vision but clearly a doable and realistic one due to the resources and expertise that each of the three organizations possess."
Related:
-- AOL, AEG and XM To Launch On-Demand "Live Channel" Venture
-- CBS News Finds Solution To Lack Of Cable Outlet: Broadband