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EU Funds P2P-Based Internet TV Standard 113

oliderid writes to let us know that, even as the UK threatens ISPs who don't clamp down on P2P traffic, the rest of the EU is going the other way. (Here is a link with a a bit more technical detail.) Europe recently agreed to: "...spend 14M Euros to create a standard way to send TV via the Net. The project will create a peer-to-peer system that can pipe programs to set-top boxes and home TV sets. It will be based on the BitTorrent technology. The four-year research project will try to build a system that can stand alongside the other ways that broadcasters currently get programs to viewers."

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What this country needs is a good five cent nickel.