Ableton annouces at NAMM that Live 5 is now shipping worldwide today. In addition, an update to version 5.0.1 is also available. Live 5 features :

- clip freeze
- plug-in delay compensation
- launchable arrangement locators
- Mackie Control support
- mp3 and automatic tempo-matching
- new 'complex' warp mode
- new clip transport
- new 'live clip' format
- better browsing
- new preset management
- device groups
- new library
- new instruments and effects : beat repeat; phraser and flanger; auto pan; saturator; arpeggiator; simpler updated.

Live 5 is now available for 499 euros or USD. For customers who purchased Live 4 between May 1, 2005 and May 31, 2005, downloadable upgrades to Live 5 will be available for 49 euros or USD. All customers who unlock Live 4 for the first time from June 1, 2005 until the final release day of Live 5 will receive a version 5 serial number on release day at no charge.

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