Thanks to a study just released, some sources are theorizing that Netflix, the streaming video service, could have the potential to dominate the internet and gobble up American broadband.
Netflix currently boasts over 15 million members and according to network management company Sandvine, their 2010 Global Internet Phenomena Report indicates that Netflix accounts for 20 percent of downstream traffic during peak periods beating out YouTube, iTunes, Hulu, and p2p file-sharing.
The spike in online streaming video users for Netflix appears to have originated from customers in Canada. The company’s traditional DVD-by-mail service was not offered as an option to consumers there, they were only provided with the choice of streaming video.
Full story: Report: Netflix Will Clobber U.S. Internet Bandwidth