The woman in the clip is Moana Pozzi, who was an Italian porn star. Apparently at some point she also hosted a nude interview show. While nudity is allowed on Italian TV, back in the day they used to have a "No Pussy" rule, so in order to have her be totally naked and comply with the rule, they had a guy walk alongside her with a real-life censoring dot. Unfortunately (or, rather, fortunately) this method doesn't work very well.
Enjoy
Fango