#!/usr/bin/perl

use strict;

while( <DATA> ) {
s/<(\w+)>/\{$1\}\n/g;
print $_;
}

[SOUR]
Por Gisela Orozco 312.527.8461/ Chicago\
<line> Por Gisela Orozco< ttl>312.527.8461/ Chicago</ttl>

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When ever the $_ has <characters> between '<' and '>' I have to replace it with {characters} and place the characters below the line. The output should look as below. for example: 
[SOUR]
Por Gisela Orozco 312.527.8461/ Chicago\
{line}
 Por Gisela Orozco
{ttl}
312.527.8461/ Chicago

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In reply to replace string by Anonymous Monk

Title:
Use:  <p> text here (a paragraph) </p>
and:  <code> code here </code>
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