Happening now, as a telecast

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Possible Answers:

LIVE.

Last seen on: New York Times Crossword – Jan 29 2019

Random information on the term “LIVE”:

Live! is a 2007 film directed and written by Bill Guttentag and starring Eva Mendes, David Krumholtz, and Eric Lively. It was released in April 2007 at the Tribeca Film Festival.

Television executive Katy (Eva Mendes) develops what she hopes will become the most watched television show of all time, the ultimate game show called Live!, in which six contestants play Russian roulette with a revolver with six chambers loaded with one live cartridge and five dummy cartridges. During the show, after the cylinder is randomly turned, the six will fire the gun one by one pointed at their head, without intermediate extra turning of the cylinder, until one is killed. At first the idea is to give each of the six contestants $1,000,000, but while there are more applicants at the auditions than expected, they are suicidal people. This is not desired, the contestants should want to live; therefore the prize is raised to $5,000,000 each for the surviving contestants, while the family of the killed contestant does not get any prize.

LIVE on Wikipedia