From the website:

With kyte, you create your own live TV shows and broadcast them on your own interactive channel, on your website, blog, social network or mobile phone. You can share your kyte channel with your friends and collaborate with them so that they can also be a part of your shows, by adding their own content, by voting and by chatting live with other viewers. With kyte, you can share your experiences live with the world and be the star, director and producer of your own live TV channel, wherever you are and however you want.