It was recorded at Cobo Arena in Detroit, Michigan, on November 23, 1996, during the tour supporting Trouble at the Henhouse, and released in 1997. It is considered a good representation of a typical live show, with much improvisation among both the singer Gordon Downie and the rest of the band.
Downie often begins to sing other songs in the middle of his own, including David Bowie's "China Girl" and The Beach Boys' "Don't Worry Baby" during crowd favourite "New Orleans is Sinking", and both Jane Siberry's "The Temple" and Rheostatics' "Bad Time to Be Poor" in "Nautical Disaster". (Rheostatics were the Hip's opening act on the tour documented by this album.)
In the week of the album's release, Canadian radio stations played it so extensively that eight songs from the album appeared in the week's Top 20 singles chart.
The title actually comes from graffiti in Kingston, Ontario, which read "The Hip live between us." (with 'live' written as a verb). This graffiti was penned by early band member Davis Manning, describing the impact that the band was having on his relationship with his girlfriend. Manning eventually chose the girl over the band, leaving in 1986. The mural remained on the wall, a victim of graffiti itself, until the mid-2000s when it was painted over by the property owner.