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(Reuters) - Netflix Inc (NFLX.O) has reached a deal to pay Verizon Communications Inc (VZ.N) for faster delivery of its TV shows and movies, the second arrangement to pay fees for quicker access that the company argues should be free.
Financial terms were not disclosed.
In February, Netflix struck a deal with Comcast Corp (CMCSA.O) to pay for faster delivery over the Internet through a practice known as interconnection. Weeks later, Netflix Chief Executive Reed Hastings said he had reluctantly agreed to pay the fees so his customers would get better service.
WASHINGTON — The principle that all Internet content should be treated equally as it flows through cables and pipes to consumers looks all but dead.
The Federal Communications Commission said on Wednesday that it would propose new rules that allow companies like Disney, Google or Netflix to pay Internet service providers like Comcast and Verizon for special, faster lanes to send video and other content to their customers.
The proposed changes would affect what is known as net neutrality — the idea that no providers of legal Internet content should face discrimination in providing offerings to consumers, and that users should have equal access to see any legal content they choose.
originally posted by: RichAwake
It's not like Netflix needed to have faster access, I've always found Netflix to be solid as a rock. But I guess this is just another example of "My way or the highway" that seems so common in big business.
originally posted by: yuppa
a reply to: tothetenthpower
THAT is what I am talking about. That is to replace the regular internet. Next year sometime.
originally posted by: shadow watcher
From my view on this rock, Verizon has been throttling my internet since I dropped them for cable and picked up Netflix.
I've had solid internet service forever and never had an issue, now it seems as though I'm being starved for bandwidth even though my specs exceed the requirements for good service from Netflix.
I hope this is a turning point for an agreement because it seems both companies are pointing fingers at whose to blame for shoddy service.
originally posted by: tothetenthpower
a reply to: Aazadan
Do you have any idea how crappy wireless internet is at that kind of range? Do you know the cost of developing these things?
By then I'll probably be using satellite internet and dumping the local competition for a more open market.
Things need to change and the net neutrality was the first step to alerting the masses that we are seriously lacking.