Various on-demand movie and television services popping up the last couple of years have introduced some new terminology to most of us who are not technologically savvy, and who are just beginning to explore the vast, uncharted territories called the worldwide web. One term that is practically a household term is streaming. The concept of streaming isn't new. Radio and television are streamed. Streaming is, in a nutshell, a delivery method for media. We can stream anything that may be digitalized, including music, see movies online, sports, and tv shows.

One statistic which will surprise a lot of men and women is the fact that 30% of all internet traffic today is from Netflix streams alone. And over-the-top (OTT) media consumption from distributors like Netflix, Hulu Plus and SuperPass is projected to improve by 60% within the next 24 months.

To clarify, there are actually two kinds of video streaming - live and on-demand.