Streaming Video, Netflix Instant Watch | featured news

Move over, Web surfing. Netflix movies now take up more of the Internet pipes going into North American homes. A study published Tuesday by Sandvine Inc. shows that Netflix movies and TV shows account for nearly 30 percent of traffic into homes during peak evening hours, compared with less than 17 percent for Web browsing.

Netflix earnings reflect an increase in subscribers and fees as the instant-movie-streaming competition heats up.

Netflix and NBC Universal have struck a deal to load the streaming video site with tons of content from both NBC and its family of cable networks, including all 35 seasons of Saturday Night Live, and new episodes of the sketch comedy show the day after air.Saturday Night Live just aired its season premiere last night, but were not seeing the episode on Netflix. Apparently the deal hasnt been executed just yet.The day-after premiere episodes will continue through 2012, but neither Netflix nor NBC specified how long the other content deals will last.