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:
KT, Korea's dominant telecom operator, and Sony Computer Entertainment Korea (SCEK) will launch an Internet-based TV service in November that runs on the PlayStation 3 game console, the companies said Tuesday.
The PS3 console will act as a set-top box for KT’s Internet Protocol TV service (IPTV), named Mega TV. The companies didn’t disclose the detailed price plans for the service.
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!]