There will be more than 4800 episodes available, for free. Every episode will contain a 1 or 2 minute commercial.
Sounds great. Finally the bigshots are experimenting with p2p technology. It is just a matter of time before all new tv shows will be online (legally).
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Warner Brothers is offering a new service in the near future. They are preparing to set up an p2p service to download a bunch of classic TV shows.