First rumors of Niklas Zennstöm and Janus Friis’, the guys behind Skype and Kaaza, newest project appears on Businessweek. This time they have gotten hold of some of the best software developers in the field of distributing TV shows and other forms of video over the Internet. These developers have been assembled in teams in about half-dozen cities around the world, including New York, London and of course Venice.

I can hardly wait to see the result of this. Will this be the end of many TV stations?