Just noticed if your using the latest beta of iOS 10.2 if you log in to the US app store your videos app disappears and the TV app appears looks quite good and is functional.
does it access a range of US networks? or do you get geoblocked?
Good question. Think I must log in to my US account and see what its like. Mind you, needing subscriptions to almost everything cable over there, its a bit of a non event. I currently get TheCW for superhero stuff, and ABC and NBC for a few other things, but most seem to need subs.
 LOL! I dont even have the 10.2 beta. But, I did find a few entertainment apps which should be usable from Aus