News : Netflix Now Offers Instant Online Movie Streaming

"If you're the owner of a video rental store, it may be time to start thinking about getting into a different business, according to ZDNet. Netflix, the online movie rental service, is offering a new feature that allows its subscribers to instantly view movies and TV shows on their PC. From the article: 'Following a one-time, under-60-second installation of a simple browser applet, most subscribers' movie selections will begin playing in their Web browser in as little as 10 to 15 seconds. Movies can be paused and a position bar gives viewers the ability to immediately jump to any point in the movie. In all, the instant watching feature requires only Internet connectivity with a minimum of one megabit per second of bandwidth.' These movies are in addition to the standard DVDs you can have at home, it should be pointed out. You can see a demonstration of the service at the Hacking Netflix blog."

Only a small percentage of customers has it available at the moment, but they hope to roll it out to everyone within six months.