Here is the latest updates I have :
Around March 1st the New York company will launch 9 TV Italian channels. As far as I understand these are regional Italian channels from Sicily and the rest of Italy and include a variety of genres.
The channels will be live and also in EST time (6 hour delay) so basically you will have 9 TV stations but 18 channels (both live and with 6 hour delay) in reality.
I will post more info as soon as I find out, I am very excited :-)