Wow, 2 posts in one day… I need to figure out a more productive way to spend my leave.

Netflix to offer online movie viewing, from CNN Money

Online movie rental service Netflix introduced a new feature Tuesday to allow customers to watch movies and television series on their personal computers and said it will make the new feature available to its subscribers in a phased rollout during the next six months.

The service will base the number of online viewing hours on a customer’s plan. A client with the entry-level $5.99 a month plan will be able to watch movies online for six hours a month, while those with the full $17.99 a month plan that allows them to rent three DVDs at a time will be able to watch 18 hours a month online.

Though it’s not clear how much material will be available for download. And for some reason CNN can’t just use the word “streaming”:

The company’s statement said its online viewing option will not require a lengthy downloading of a large video file. Instead it says it will use real-time playback technology that allows video to be viewed at virtually the same time it is being delivered to a user’s computer.