LiveStation is a Microsoft
platform offering for Live broadcasting over the Internet This is the information broadcast space, it's about getting lots of content out to many people all at once using a peer 2 peer cloud.
I'm still waiting for a Joost invite and I never did win a SlingBox after tossing many business cards into fishbowls at various Tech conferences, but I just signed-up for the
LiveStation beta.
Microsoft Research and a new unit called IP Ventures struck a deal with the European start-up
Skinkers, they get to use Microsoft peer 2 peer technology in exchange for a piece of the action, some equity. Silverlight will play a leading role and Sharepoint will become interactive.