Oh, my God, David, look at that podcast room.
You are in that foam padding.
Welcome to season three, episode nine of Acquired, the show about technology, acquisitions and IPOs.
I'm Ben Gilbert.
I'm David Rosenthal, and we are your hosts Today.
We are back with the acquired version of Terminator 2, the second part of our Netflix episode.
You like that, David?
It's just for you.
Oh, man, that's great.
That's great.
Love it.
Listeners, now, if you remember, the last episode we did covered the DVD saga of Netflix and where we left our heroes in 2009, shortly before the epic launch of Quickster.
So today, we're going to dive in on the era of streaming and later, original content.
So, David, I wanted to have a fun fact to start us off on Netflix.
So, as you remember, they were once a plucky startup mailing DVDs to customers and a remnant of the pre.com bubble starting in 97.
And they were doing this even before most people had DVD players.
They were waiting for the DVD wave to crest.
This company now accounts for 15% of all Internet traffic.
I know, it's in my show notes.
Well, sorry to blow your cover early, but streaming movies and TV as a category actually now makes up 58% of downstream Internet traffic.