MESSAGE
| DATE | 2014-02-24 |
| FROM | Ruben Safir
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| SUBJECT | Subject: [NYLXS - HANGOUT] The internet as you know is on its last leg
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http://www.bbc.co.uk/news/technology-26284513
Netflix has agreed a deal with Comcast, the biggest internet service
provider in the US, that will see its videos streamed faster and more
smoothly.
The multi-year deal will see Netflix servers connected directly to
Comcast's network, removing third parties that slow down streaming
speeds.
However, Comcast said Netflix would not get "preferential network
treatment".
The terms of the deal, including whether Netflix was paying for it, were
not disclosed by the firms.
"The companies have established a more direct connection between Netflix
and Comcast, similar to other networks, that's already delivering an
even better user experience to consumers, while also allowing for future
growth in Netflix traffic," Comcast said in a statement.
The move comes just days after Comcast confirmed a deal to acquire Time
Warner Cable for about $45bn (£27bn).
According to some estimates, the combined company would control more
than one-third of the US high-speed internet market.
Netflix, a TV and movie streaming service, has 44 million subscribers -
majority of them in the US.
The deal may see the firm enter similar deals, known as interconnect
agreements, with other internet service providers across the country.
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