It's not the fucking concert. Don't you think if it was being televised, we'd know about it by now, seeing as it's less than a week away? If it's the same LZ live stuff they've shown before, it's the stuff from the live DVD.
There's no way VH1 would get clearance to air this concert exclusively over HBO, PPV and national networks, like ABC/CBS/NBC. You'd want something like this on a major network. VH1 is not a major network. That, and not everyone has VH1 Classic. Only people with digital cable, at least here in the States, have that station to begin with.