Live at the Rainbow is the first live video recorded by Iron Maiden on 21 December 1980 and released in 1981. It includes one of the band's earliest concerts with guitarist Adrian Smith as well as a very early version of "Killers", with lyrics that differ from the album version that would be released in 1981. Paul Di'Anno later claimed to have written the lyrics five minutes before going on stage that night.[2] This has been debunked as the same lyrics were performed by the band at the Reading Festival in August 1980.
Due to technical problems, a sound line broke down halfway through the show. As a result, the audience were allowed to stay after the show to watch the band perform "Iron Maiden" and "Phantom of the Opera" again for the recording.[1]