Google TV in the works? — The Wall Street Journal (and about everyone that guesses on these things) thinks so. They may (or may not) show it off at their I/O conference May 19 and 20 for developers in SF. It’s expected to be on Android and will leverage the wider development community for applications. Rumor has it Intel and Logitech will be partners. I’m informed by those geeks that follow this that the Intel CE4100 provides a platform to put fancy overlays on the screen or rescale the input signal and pass it through. You can basically have a custom sports ticker or stock ticker running at all times regardless of your channel. Another example of old fashion TV and the web merging. Thanks for the pointer on that Neel!

For Another Point of View — Mark Cuban — never one to be shy putting forth his opinion — says the future of TV is TV … the kind that comes in over a cable and isn’t the Internet. I’m completely with Janko Roettgers from NewTeeVee on this one. While it’s still early; 14MM Netflix customers aren’t likely wrong. I can’t guess the exact moment that online video and that black box in your room merge completely…but it will happen.

Justin.tv Gives Advice on Live Video — Michael Seibel, the CEO of Justin.tv has a nice guest blog post on TechCrunch today. We’re fans of Michael here at Watch.tv and have a video of him here. In today’s post he talks about how to fix availability problems (mobile helps a lot) and how to fix the getting viewers problem. Check it out.

Online Advertising Spending is Shifting to Video — eMarketer’s article from May 3 says that online video advertising is growing at 40% and 94% of agency executives planned to spend more on online video in Q1 2010 than the prior year. Thanks Tempy for that article.