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Re:Bittorrent Launches Distributed Live Stream by tete on Saturday November 12, 2011 @05:18AM (#3227552)
Maybe this is interesting to you:

http://swarmplayer.p2p-next.org/

The W3C also works on standards for P2P distribution. See:

http://www.w3.org/TR/2008/WD-html5-20080122/#network

Re:Bittorrent Launches Distributed Live Stream by synctext on Saturday November 12, 2011 @08:31AM (#3227798)
http://swarmplayer.p2p-next.org/ Hmm. Refers to Open Source live streaming software (LGPL). That Bittorrent Inc. solution breaks and is closed. How do they want to compete with mature PPLive code?