Is live TV actually filmed and shown live?

The age old question "Is live TV actually shown live?" has been perplexing viewers for years. It seems that while the content may be aired in real-time, the "live" element may not always be accurate.

Although shows and events such as sports matches appear to be filmed in real-time as they unfold, a closer look reveals that various elements like prerecorded footage, lengthy commercial breaks and instant replays may suggest differently. Most real “live” TV coverage has a 20 - 120 second delay before viewers actually see it on their Television screens.

While there is no definitive answer to this riddle, what we do know is that it's hard to beat the thrill of watching an event unfold seemingly in the moment just as millions of viewers around the world are witnessing it with you - even if there were some tricks employed along the way!