Google TV is a new experience made for television that combines the TV you know and love with the freedom and power of the Internet. Watch an overview video below

Microsoft’s response is:

Microsoft has been in the smart TV space for a number of years and has strong partnerships with operators, OEMs and content partners across the industry and around the world. The company remains focused on delivering the best connected TV and entertainment experiences through a combination of great software plus services pulling information from the cloud, where content flows seamlessly from screen to screen on any device. We’re already seeing much of this happening today. For example, Microsoft is enabling TV service providers to deliver these scenarios with Microsoft Mediaroom, the world’s most deployed IPTV platform, powering award-winning TV services to close to 5 million households via 25 operator partners around the world. Mediaroom also enables TV service providers to deploy applications that can bring video and Web content together in ways that are specifically designed for enjoying and interacting via the TV and a remote control. Mediaroom customer, AT&T U-verse TV, has deployed over 20 interactive TV applications to date. Some example applications are highlighted at http://www.microsoft.com/mediaroom/Themes/Applications.aspx.

Another example is Windows Media Center which is focused on enabling new broadcast and internet TV content experiences on the PC for more than 25 million users around the world. Smart features like the integrated TV guide bring broadcast and internet TV channels in one place. Further, Microsoft is also delivering web and TV- integrated digital and social entertainment services direct to consumers through TV and video on Xbox LIVE and Xbox 360 consoles with 23 million Xbox LIVE members in 26 countries as well as Zune and Windows Phones.

Update on Tuesday, June 15, 2010 at 3:20PM by Sean Cantellay

Today Google released a new video that does a great job of explaining what Google TV is and how you be using it in your living room.