Internet on TV: Big in Japan?

Apparently, five Japanese TV broadcasters are cooking up plans for Internet TV-related with ad giant Dentsu and communications conglomerate Softbank. That's according to a report from Reuters that quotes "sources".

The sources said Softbank aims to create a new joint venture that will launch a Web site with more than 1,000 television programmes distributed by the broadcasters next spring that would be available to viewers at no cost and funded by commercials.

Interesting stuff. Also noteworthy -- U.S. cable player Comcast has been involved in the discussions. It's potentially providing programming, according to the report.