Murdoch's men form new internet unit - WebWatch - Breaking Business and Technology News at silicon.com

Murdoch's men form new internet unit - WebWatch - Breaking Business and Technology News at silicon.com

Another media giant is taking IPTV seriously, this time the Murdoch empire.

Fox Interactive Media will take in News Corp's current sports, news and entertainment websites as well as making strategic investments.

As broadband usage increases and high megabit services become a reality, eventually transmission of TV will become more economic over Internet than legacy broadcast networks. The broadcaster also gets a backchannel which allows sophisticated audience monitoring as well as interactive services.

Big Brother isn't watching you, it's your TV provider ...