From CNN:

OKYO, Jan. 7, 2008 (Thomson Financial delivered by Newstex) — Japan’s Matsushita Electric Industrial Co (NYSE:MC) , the world’s largest consumer electronics maker, has teamed up with Google Inc (NASDAQ:GOOG) and YouTube to commercialize flat panel television sets that allow users to access and view videos online, the Nikkei reported on Tuesday, without citing sources.

This will be the Google group’s first tie-up with a Japanese consumer electronics manufacturer in TV-related services, the business daily said.

The Internet-enabled plasma TVs are expected to hit store shelves in the US this spring, it said.

Google is the world’s largest Internet search engine, while YouTube is one of the most prominent players in online video distribution.

Matsushita’s Net-enabled TVs will let users access YouTube’s video-sharing site and Google’s Picasa photo-sharing site by simply pressing a button on the remote control, the Nikkei said.

The maker of Panasonic brand electronics is likely to monitor sales of the Internet-enabled TVs, as well as the development of copyright management systems around the world, before deciding whether to also sell the TVs outside the US, the report said.

(1 US dollar = 109.01 yen)

There’s never anything on Foxtel anyway. Trust me, I have the premium package. Gonna watch seesmic, mogulus and ustream instead on all that flat panel goodness.

What happens to that Apple TV box thing if this takes off- you don’t need any more hardware to surf the ‘net.

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