VH1 Classic will televise the entire four-hour 2007 Rock and Roll Hall of Fame Induction Ceremony live on March 12th at 8:30 PM/ET. MHD, MTV's HD music channel, will also broadcast the event live in High-Def. This is the first time the ceremony will be available as a live broadcast.

If you don't get VH1 Classic or MHD, you will still be able to see a 2-hour edited version of the ceremony on regular VH1 on Saturday, March 17th at 9:00 PM.

In January, it was reported that VH1 was not going to be broadcasting the ceremony this year since their contract with the Rock Hall had expired, so this is obviously great news for fans of the five inductees and of the Rock and Roll Hall of Fame in general, since this should be an eventful night.