It is. It also needs to be the primary television (it checks for that, probably by spying on your other devices), only allows ‘approved’ devices to be connected, and looks at your room to see how many people are watching (you’re not allowed to block it). It tattles on any attempt to alter or subvert it. If you break the TOS for whatever reason, they’ll automatically charge your credit card $1000. You have to give them your credit card info before they’ll ship.

I suppose it’s an okay device if you don’t care about privacy at all, or if you’re willing to pay $1k to jailbreak it.