I managed to find the node using the following XPath:
/FrontendStatus/State/String[Value = 'WatchingLiveTV']/Value
What will return:
<Value>WatchingLiveTV</Value>
Note that you can also use:
//String[Value = 'WatchingLiveTV']/Value
This is a little less.
Value parent/siblings, :
//String[Value = 'WatchingLiveTV']
:
<String>
<Key>state</Key>
<Value>WatchingLiveTV</Value>
</String>
Edit
. XML Key node. , , Value Key:
//String[Key = 'state']/Value
@kjhughes , .
, .