Netflix Ascendancy

According to the Atlantic:

"Netflix now accounts for one third of all internet bandwidth in North America during primetime hours."

They conclude a few things:

Three quick conclusions can be drawn by the breakdown of internet usage below, says Sandvine. One, Netflix is king. Two, as real-time entertainment--streaming video as well as interactive chat, voice and video communications--made up for nearly half of the data consumed by internet users in the United States, Canada and Mexico, we can expect a shakeup in the telecom world. Finally, person-to-person file sharing isn't going anywhere and the industry will have to deal with it.

Another example of long tail economics shaking up the status quo or, perhaps, becoming the status quo.