Nero is previewing Nero Mobile at CeBIT. From the Press Release:

Nero Mobile, a complete mobile media center, allows users to browse, play and organize media (Photos, Audio and Video clips) on a mobile phone or a PDA by streaming content from a home media center (e.g. Nero MediaHome) over the UPnP? protocol. With it, users can also enjoy online Internet radio and TV broadcasts on their hand-held devices.

Nero Mobile supports latest codecs supported by Nero Digital?, including MPEG-4 AVC / H.264 Video and High Efficiency AAC v2 Audio, MP3, MPEG-2, MPEG-4 SP/ASP, Ogg Vorbis and many more.

This is similiar to an already established service called Orb which allows you to remotely watch TV, videos, audios and pictures on your PDA and is *free*

Nero Press Release