The Web is moving to include video. Just look at the <video> tag in HTML5.
If you watch YouTube videos on your iPhone, you don't even have a browser to play the video at all. It's true that it's still transferred using the HTTP -- the Web protocol -- but that's the whole point of the article: a new Web, which uses much the same protocols but don't rely on the browser for consumption.
I've previously given a thought to the whole concept at http://berislav.lopac.net/post/615858128/the-future-of-web-b...
It's all about usage, not about the technology. Think out of the box.