Network Live Investment: $30 Million

Network Live, the Kevin Wall-headed live entertainment venture launched earlier this year (our coverage here), and a joint investment from AOL, XM and AEG, has raised about $30 million…I had heard both $15 million and $30 million range inititally, but seems like it is the latter, according to this HR interview with Wall. Not sure what the mix of investment among the three is…

Also in the interview, NL will have five-evening-per-week schedule later: “One multi-platinum artist of the week, an emerging artists series, a stand-up comedy show. Also, a daily show we’re going to launch in 2006 that I can’t talk about,” says Wall. “We’re projected to be in the black in 2007, and we have no plans to go public.”

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