Watching TV in streaming for free with Live Player... is this true?

From many months, most of the Internet is flooded with advertising from "TV Live Player". I am curious: it will be really possible to see TV in streaming for free with this software? I googled, but I only managed to find fake reviews on fake blogs, created just to make money on referral schemes  (This means: the blog author takes some cents for every visitor that will download the software)

Why nobody in the Internet has ever wrote a positive and true review on the well known Live Player?

So, I downloaded it and installed in Virtual PC... here are the available channels:

live player channels

What a scam! The channels are unknown free channels! 

Why, if this software is free, their creators are paying thousands of dollars in advertising??? 

Easy: Favorit is bundled with the application! Favorit is an ad-ware that constantly resides in memory with a random name (to avoid identification, like some virus do), and will open an advertising pop-under when you do a search on Google. When you uninstall the useless Live Player, Favorit will not be uninstalled, this is their main idea!

But, some fake reviews said: Moreover, the streaming works perfectly because it has been tested against spyware and viruses.

No spyware? A software that displays contextual ads on search, it is a spyware! Maybe they are referring to "someone else's" spyware? 

To remove Favorit, you must remove it manually from the uninstall application menu:

Favorit

So, if you are in the USA, the best way to watch TV on the Internet, is still hulu.com