Welcome to Microsoft TV!

"Microsoft's partnership with ESPN to bring streaming sports to the Xbox 360 may be the tip of a streaming video iceberg. According to sources speaking to Reuters, the company is working on deals to launch a subscription service to stream video content to Windows PCs or devices such as the Xbox 360."

Boxee, Apple, Google and now Microsoft seems to be getting into the streaming business.  We have all heard the word "convergence" tossed around for the past decade, if not longer, and it seems that the pieces are slowly fitting together.  Xbox Live has had several streaming services for it for quite some time, so it is no surprise that Microsoft wants to, and has the capability to offer additional streaming services.  Microsoft, along with Sony and its PS3, could eventually become credible competitors to the cable and satellite companies.  With the install base that Microsoft has, it certainly has a greater chance than many of the other companies.