You can count me in as another one with the same problem. My XRS 4900 came yesterday and after loading my m3u code it seems I am able to access my IPTV service VOD'S as well as the series they offer but when it comes to the "lve" tv, all I am getting is "Loading channel list". I left it on and It has been showing this result for almost 24 hours now. I downloaded "Perfect Player and my url loaded fine and I am able to watch my VOD'S, my series AND my live tv, but I would like to use my XRS 4900 as intended because even though Perfect Player is working I am not in love with it I have contacted Buzz TV using the contact feature on their website and hopefully I get a response. It is apparent I am not the only one having this issue which leads me to believe that their is an inherent issue with the hardware. I hope they can fix it with an online update because I am in Mexico and it took a long time to get my XRS4900. Just as an aside, I have had an XRS 4500 MAX for about 2 years now and it is still working great. I was able to load my IPTV url right away and have been watching it since I purchased the box.