Of course it's not pointless!! you need to know what functions you are using.. play/pause etc. otherwise you'd end up with missing gfx, at the wrong dimensions.!
Really not too sure what you are trying to achieve here.
Pshop cannot stream videos or any other media for that matter, it is an image editing soultion and therefore is ideal for creating graphics that make up an interface. Yes, these would need to be spliced but I can't see how exactly that's relevant!
If your are planning on streaming video footage over the net you first need to pick a platform.. major players being quicktime, windows media, real media or my personal fav. Flash.
You mention CNN etc. well CNN's is windows media with a custom skin. MSNBC is wmp also but with standard skin and FOX are using a custom flash component.
I would personally recommend looking into Flash video streaming as it is the most versatile, robust and has best market permeation due to strong plugin displersal and no codec issues.
Honestly though, without intending to cause offence.. none of this is particularly basic stuff, and all requires knowledge of encoding and programming but if you want to go for it.. good for you!!
For the best flash tutorials on the web (particularly for video integration) i'd hit up gotoandlearn.com
Lee Brimelow is a genius in this field and breaks everything down v.simply!!
If on the other hand you want to look into another streaming solution, you will have to look into those seperately and i'm afraid for actual streaming (not progressive download) you will need to invest a fairly handsome sum into new server technology (that is if your host doesn't already offer a service).
Regardless, this is the wrong forum for this question.. Do some research, pick a platform and then rock up to a specialist forum on that particular subject as pshop is definately not capable of piping video anywhere.
Hope this has helped!
Digi
