I've always thought newspapers were well-positioned to take advantage of the Internet, if they could break out of the dead trees model. The Roanoke Times gets a hap tip for jumping into IP TV.
The Flash-based news clips have excellent video and audio quality on my cable modem connection, and the somewhat sardonic commentary is closer to a blog in style than traditional television news. The clips are only a few minutes long, and the videocasts are a peak into the future.