use strict;
my $str = '<DisplayContents>
<ID>8</ID>
<Type>102</Type>
<Contents>A whole bunch of stuff in this tag</Contents>
</DisplayContents>
<DisplayContents>
<ID>8</ID>
<Type>102</Type>
<Contents>A whole bunch of stuff in this tag</Contents>
</DisplayContents>';
my $regex = qr/<DisplayContents>[\s\S]*?<Contents>(.*?)<\/Contents>[\s\S]*?<\/DisplayContents>/mp;
my $subst = '$1';
my $result = $str =~ s/$regex/$subst/rg;
print "The result of the substitution is' $result\n";
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Perl, please visit: http://perldoc.perl.org/perlre.html