This is the 8332nd most frequent Chinese word.
live
The Chinese word "live" (生活) can mean "to exist, reside, or carry out daily life."
The word "住" refers to the meaning of residing in a place, indicating a person's long-term location.
他住在北京很多年了。
He has lived in Beijing for many years.
Here, "直播" means live broadcasting, referring to content being broadcasted in real-time.
现场直播的画面非常清晰。
The live broadcast's images are very clear.
This usage of "现场直播" again refers to the real-time broadcasting nature of the event.