The new app is called Viggle and yes it does reward you for watching TV shows on your iPhone. Here's how it works: 

Viggle detects what you're watching on your iPhone, whether it's live or recorded, and gives you two points per minute. These points can be saved up to earn various rewards from iTunes, CVS, Best Buy, Starbucks, Burger King, etc. 7500 points gets you a $5 gift certificate.

While this alone seems like you'd have to watch a whole lot of TV to get a measly five bucks, this is just the baseline. Viggle is offering additional points for watching certain shows and ads. For example, in the beta version of Viggle you got 100 points for watching a 15-second Verizon Wireless ad. You also get 1500 points just for signing up.

The catch for all this is that you have to watch at least 10 minutes of a show to earn the rewards and you can only watch an ad once to earn points. Repeated viewings do you no good, so you have to watch other ads to earn points.

They're also apparently looking to get Viggle on Android and PC.

Is this the future of TV? For me, there is nothing that will get me to subject myself to more ads. We're all bombarded by them constantly and I couldn't imagine my psyche taking on more. If something like this makes it to TV sets then I guess I'll have no choice.

What do you guys think?

[Via Fox News]

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