Google and CBS have been talking about doing a joint venture together about broadcasting video over the web. CBS was looking for an online media to be provided and Google felt it has the resources to do so. Yahoo! also has a hand in this meeting about being able to provide online content for the TV network. CBS is looking for a provider of TV shows and other like footage to simply be available on the Internet. They want to be available and searchable so people can easily find what they are looking for in a timely manner.

So what does this mean for the rest of the community? It means that advertising could be cut down and that TV could possibly be making its way out the door. They might throw in advertising to the online content that they want to make available, but it’s very early to be able to say for sure which direction they are going in. CBS is not the only company that is wanting to go this route; but Viacom, NBC Universal and Disney have all taken a stance on this online content. A lot of this has to do with the recent showcase of Apple’s online content of TV episodes for their iPod Video.