In this 4-minute video from CNet, Jeremy Allaire (Brightcove founder and president) discusses the future of videos on the Internet. CNET's Neha Tiwari interviewed Allaire at Supernova 2006. Scheduled television content isn't dead, according to Brightcove who is working on services for smaller firms to syndicate content.
P.S. Getting that video to serve will require you to work your way through ads like you're trying to get past airport security.