I can't quite figure this out. Free cable TV over the internet. There're no popup ads or any other advertising. The programs appear to be 'tape-delayed'. Once the buffering catches up, the picture quality is quite good.
http://www.viidoo.com/en/index.php
The software is free and seems to work well. The network channels appear to be from San Fran. They had HBO but replaced it with another movie channel.
Strange. Where are they making money on this thing?