Accompanied by my AV buddy Andrew, we attended Yaron Samid's densely packed NY Video Meet-up, where nearly 400 NY based internet participants heard presentations from 5 emerging internet video related companies. If you are interested in investing, or joining a video company, this is a monthly must attend forum.
Of particular note, keep an eye on the impressive progress of open source, not for profit entity Miro. Their recently introduced Miro 2.0 does a great job of bringing internet based HD video to your PC. With a built-in media guide, great codec support and BitTorrent availability, they provide wonderful access and search capabilities. The service seems to be attracting a nice audience. As an example of their market acceptance, here's Quantcast's estimates for Boxee.tv vs Miro:
Per the Miro presenter, they have not yet drawn the formal 'attention' that Boxee's received from Hulu. I suspect we will hear more on this topic as the year unfolds.