According to The Korea Times, a company called KT is teaming up with the techies at Sony to create a system by which the PlayStation 3 could serve as a set top box through which Internet Protocol Television (IPTV) broadcasts could be delivered to the home. Here's a relevant quote:
Of course, this certainly bodes well for Korean PS3 owners, but what of US gamers? The plan provides a handy proof-of-concept for the viability of this scheme here in the US, but unfortunately IPTV hasn't exactly been knocking down the doors at NBC or stealing the all-important 18-24 year old demographic from Rupert Murdoch's iron fist.
Hit hardest by this news of course, is green dragon, the fictional entity who apparently only exists so that I have a foil upon which to heap bad news. When contacted for a quote, Mr. Dragon swore under his breath, dropped the phone and mumbled something about not having opposable thumbs.
Poor green dragon ...
[NeoGAF told me about this!]