Archie Comics is participating in a joint venture with producers Lou Pearlman and Strauss Zelnick to create real live bands that will record and perform as 'The Archies' and 'Josie and the Pussycats.' The producers are conducting a nationwide talent search looking for youthful, clean-cut musicians who fit the Archie archetype. While Pearlman and Zelnick have lots of experience in putting together musical groups, their word will not be final. Archie Entertainment, which jealously guards its image as the home of wholesome, socially benign comic entertainment, retains veto power over all selections.