Joost: HDTV over IP

The founders of Skype have recently announced that they will launch a new Internet-based television service, which will be named Joost, that consists on the very first high-definition television content transmission service over the Internet.

This project will host not only content from the big media companies, as well as independent content from media users (kind like YouTube but with piracy-awareness control), and it will be totally free since it will work under a business model based on advertising.

However, the service will only be up and running for everybody on the summer of 2007. You could apply for beta testing, though.

Source: Reuters Tech News