Research In Motion is currently working on a media box codenamed “BlackBerry Cyclone” that will launch later this fall, BlackBerry news site NerdBerry.net reports. The rumored media hub is said to be similar to Apple’s iOS-based Apple TV box, which connects to a television and plays streaming video content from iTunes. The BlackBerry Cyclone’s purported capabilities include Netflix streaming, YouTube streaming and streaming from media devices connected to the same Wi-Fi network. The unit will also reportedly feature an HDMI-out port. The move would be a peculiar one from RIM, as it does not have an iTunes competitor to speak of and even with the extremely popular multimedia market, the Apple TV has not been an overly successful device for Apple. The Cupertino-based company announced the million-unit milestone for its refreshed Apple TV late last year, but we haven’t heard much about it since that time. RIM is also in the midst of prepping its first QNX-powered smartphone for release in 2012, not to mention seven BlackBerry handsets due to launch later this year, so we would hope the bulk of its attention is focused on these infinitely more important products.