Netflix and Tivo have finally announced the type of partnership that we have all been waiting for. You can now watch streaming video from Netflix directly on your Tivo. This improves on the year old partnership that only allowed for manipulation of your online queue from the Tivo.

Netflix, the largest online movie rental service, now offers their movie streaming on Netflix boxes, PCs, Macs, Tivo and Xbox360 (starting November 19th with update).

According to a Netflix Press Release:

"Subscribers to Netflix and TiVo are avid movie watchers and this combination gives them immediate access to all of the great content available through TiVo and the thousands of additional choices available to be streamed instantly from Netflix."

Netflix is gearing up to offer HD streaming of their content for the Xbox 360 platform. They currently offer streaming on PCs and Macs but the service is not in high definition. The service will be available when the new Xbox dashboard hits on November 19th. HD streaming will be available to Xbox Live Gold members only.

This is, however, only a "soft launch." Only 300 titles or so will be available at the launch of the service. That number will ramp up before too long, however.