Getting YouTube right on TV is extremely challenging from both a design and technology perspective. You Tube Team :
Well, now that’s possible via YouTube for Television, initially available through the Sony PS3 and Nintendo Wii game consoles at www.youtube.com/tv. Currently in beta, the TV Website offers a dynamic, lean-back, 10-foot television viewing experience through a streamlined interface that enables you to discover, watch and share YouTube videos on any TV screen with just a few quick clicks of your remote control. With enlarged text and simplified navigation, it makes watching YouTube on your TV as easy and intuitive as possible. Optional auto-play capability enables users to view related videos sequentially, emulating a traditional television experience. The TV Website is available internationally across 22 geographies and in over 12 languages.
Let’s watch You Tube channel,maybe it will be YTTV 
Via : http://www.youtube.com/blog?entry=233yWq7rslI
