World's First Internet TV Channel

The actual launch of the world's first Internet television channel, Glasgow.tv, occurred late last week. You'll need a Windows Media Player.

From Scotsman.com:

GLASGOW will today launch the world's first city internet television channel to a potential global audience of one billion people in 817 million homes.

Using the latest broadband technology developed in the United States, the city believes it is "a year ahead of the game" compared to any other big city, some of which are still only at the talking stage.

A soft launch of Glasgow.tv, broadcasting cultural and sporting events, has attracted hits from more than 50 countries around the world.

It's likely that Internet television will be more than a simple nuisance to cable and broadcast television. More likely, it will ultimately become a major competitor.