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Netflix Admits Streaming Is The Future As System Crashes
Netflix now accounts for 20% of downstream bandwidth during peak
by Karl Bode 10:03AM Friday Oct 22 2010
This week a new report from bandwidth management equipment vendor Sandvine indicated that Netflix streaming video now accounts for more than 20 percent of downstream traffic during peak times in the U.S. That coincided with Netflix CEO Reed Hastings acknowledging the company is "by every measure...primarily a streaming company that also offers DVD-by-mail," and that they'd offer a streaming only option before year's end. That's in stark contrast to almost exactly one year ago, when Hastings insisted there "wasn't much interest" in such an option. Of course just as Netflix was getting all this attention for their success -- their entire streaming system subsequently crashed yesterday.

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