• Gigaom, Tuesday, May 17, 2011 3:30 PM

Netflix's streaming service now makes up the single largest component of data traffic -- almost 30% -- on North American broadband networks, replacing BitTorent in that role, according to Sandvine's latest Global Internet Phenomena Report.

That would be good news for Hollywood studios, "which have spent the last several years trying to combat the spread of their movies on peer-to-peer networks like BitTorrent" but "BitTorrent traffic isn't actually going away," writes Gigaom's Ryan Lawler. "P2P filesharing only saw a marginal drop in share, from 19.2 percent in the fall to 18.8 percent six months later."

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