Sure we have all streamed video over the net using TCP/IP, but webTV with the same technology has never seemed to catch on.  The newest incarnation is IPTV, and Ars Technica can explain how it is supposed to work, and just why the Telco’s are interested in broadcasting it.
“IPTV describes a system capable of receiving and displaying a video stream encoded as a series of Internet Protocol packets. If you’ve ever watched a video clip on your computer, you’ve used an IPTV system in its broadest sense. When most people discuss IPTV, though, they’re talking about watching traditional channels on your television, where people demand a smooth, high-resolution, lag-free picture, and it’s the telcos that are jumping headfirst into this market. Once known only as phone companies, the telcos now want to turn a “triple play” of voice, data, and video that will retire the side and put them securely in the batter’s box.”

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