Motorola has announced the Motorola Televation, which is a new device that can be connected to your router, and it then uses your home network to stream live TV to connected devices.
The Motorola Televation automatically converts live TV streams so they are compatible with the resolution on your connected device, and they are also launching SDK for both Android and iOS so that custom apps can be created to work with the device.
It looks like the Televation will only be available to Motorola cable partners, so there are no details on pricing as yet.
Source BGR