With YouTube’s big announcement last month, it seems “live” is on everyone’s mind these days. And as more attention is placed on appointment viewing and entertainment events, live producers are betting the money is sure to follow.

theStream.tv sure thinks so. Brian Gramo, who founded the interactive web television studio and network that has produced over 1,300 live broadcasts, announced a new, bigger home for theStream.tv in Hollywood: theStream.tv 4.0 HD Studio, which boasts 4,000 square feet of space with a control room, offices, and make-up room.

The studio plans to open its doors in June 2011, inviting live shows to take advantage of its 25 Megabit upload speeds and state of the art live HD streaming equipment.

The good news comes nearly a year after Gramo’s announcement that theStream.tv lost its only sponsor, which forced Gramo to lay off his two full-time employees and eventually put the studio on hold.

Gramo quietly released a pre-construction video tour on his own YouTube channel in February.

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