XM Satellite Radio announced July 12 the formation of a joint venture, Network Live, with AEG, America Online and entertainment and technology veteran Kevin Wall. Network Live will be a multi-platform digital entertainment company that will deliver live entertainment programming through the Internet, satellite and other third party global media platforms such as video-on-demand, wireless and high-definition television. Wall, who most recently served as executive producer of the Live 8 concert series, will be the CEO of Network Live.

Network Live will produce a slate of live programming, focusing on music and comedy. Many of the live performances will originate from AEG owned or operated facilities, such as the Staples Center in Los Angeles. The programming will be promoted To AOL’s Web audience and to XM subscribers.