Continued:

If this concept is successful, the studios will have no problem releasing a fair amount of content for this medium. Moreover, Nokia could implement a simple system that mimics iTunes to sway potential buyers. The idea would be to have a system where you, as a buyer, would pay up front, subscribe to a particular channel, and start receiving signals for programming. With all the "phone swiping instead of a credit card" experiments that Nokia has been up to lately, it doesn’t look like paying would be much of a hassle. The programming you watch could also reflect on your monthly bills, but that would mean a tie up between the studios and the service provider, and I doubt Nokia would want another partner sharing its revenue.

The content will start streaming automatically, and you will perhaps be able to schedule the phone to beep when its time to view your favorite show. It could then proceed to start streaming the file and keep it ready whenever you want to view it.

If the right studios get onboard, iTunes will be in deep trouble as far as its video content goes because the N92 has a better, bigger screen (2.8-inch), so it could potentially give you a better viewing experience.

The phone even has Wi-Fi, which would let download music or stream video wherever a Wi-Fi signal is available. A lot of these features aren’t available on the video iPod, or the doomed ROKR phone, so round one goes to Nokia.

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