There's obviously a lot of potential in P2P. Bittorrent video sharing clearly shows this. I think that it could support independent media in the same way that the web supported sharing of information through HTML.<p>If you abandon the notion of timeslots, a protocol like Bittorrent is quite capable of supporting a weekly or daily TV show. Instead of timeslots, you just have channels which contain series. People subscribe to series, which show up in their app or TV appliance like they do in Tivo. This could be supported using RSS. The big issue is ease of use. If someone could put all of these technologies together, such that a "channel" or a "station" for video shows on the web was as easy to set up as a website, and easy to connect to for a user, you'd see an explosion of such sites, which happened with web sites and low quality video snippets (YouTube).<p>Web protocols which can support P2P live streaming as well as Bittorrent supports download would be the final ingredient of TV's demise.