Date: May 24, 2006

Live Nation is in the midst of a multi-million dollar effort to transform 120 of its 150 venues into digital live studios capable of recording and transmitting live concerts for TV, cell phones and radio.

"Basically, we're wiring venues to be able to capture what is happening on stage, and then working with artists and labels and publishers to figure out the most cost-efficient way to monetize this," said Bruce Eskowitz, president of global venues and spons...

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