Netflix will continue to advocate “strong net neutrality,”...
Netflix will continue to advocate “strong net neutrality,” including interconnection, and that’s “about preventing large ISPs from holding our joint customers hostage with poor performance to extract payments from us, other Internet content firms, and Internet transit suppliers such as…
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Level 3 and Cogent,” CEO Reed Hastings and Chief Financial Officer David Wells said Monday in the company’s Q2 letter to shareholders. “Our policy goals are for the FCC to not sanctify paid prioritization,” and for the Justice Department and the FCC to block the merger of Comcast/Time Warner Cable, “or at the very least, to require as condition to approving the merger that the combined entity be prevented from charging for interconnection,” the letter said. In 4K, Netflix is now streaming “flagship content” in Ultra HD to subscribers with 4K smart TVs, “putting Netflix at the leading edge of high-quality AV delivery,” it also said. The company globally in Q2 topped 50 million subscribers for the first time, a 33 percent increase from Q2 a year ago.