Monday, February 24, 2014
Netflix, Comcast Ink iNet Speed Deal
Terms of the deal were not disclosed, according to The Hollywood Reporter.
The agreement comes just 10 days after Comcast unveiled a $45 billion deal to acquire Time Warner Cable, which is expected to draw opposition from competitors during the regulatory review process.
Observers will keep a close eye on whether the Comcast arrangement will lead Netflix to reach similar deals with other big broadband providers, particularly Verizon, whose subscribers have seen a slowdown in Netflix streaming speeds.
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Posted 6:03:00 AM