Yeah, this app lets you watch TV on your iPhone. Mobile software developer, Makayama, introduces new TV application, called Television, for Apple iPhone and iPod Touch. Will cost you  $2.99 in the App Store, this app will allow you to download pre-recorded content from a number of TV networks.

This application:

includes 20 English language channels, such as CNN, NBC, CBS, MTV, Comedy Central, VH1 and many more. British TV from the BBC, ITV and SKY. Australian, French and German channels are also included.

This app has some limitations: the television is not “live”, requires Wi-Fi connection and does not work on a 3G network, all channels offered is already available for free on the web.

However, Television keeps you informed when on the go. No need to download the content like podcasts in iTunes first, just watch it instantly. On-demand.

[via TeleClick, MacWorld]