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Masshightech.com reports that Clear Channel subsidiary Instant Live LLC has landed the patent that allows for the on-site recording and distribution of live shows. In other words, not only can Clear Channel now decide what is going on the air in most markets, but they can promote the concerts (also deciding what is popular), and now have exclusive rights to the recording and instantaneous distribution of media (and it says any media) on-site at a show.
So while this seems like a kind of cool idea, keep in mind that you probably won't be seeing this at any show not promoted by Clear Channel, as other promoters are very unlikely to think about lining the company's pockets.