Netflix (Reluctantly) in deal to pay Verizon for faster access
(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
I have no idea where this could end up, but instead of an open internet and progress for humanity, we may end up with a partitioned internet similar
to pay-to-play games in the worst case scenario.
Notice that Netflix, a major player, was bent over backwards by Verizon in an example of a corporation with its own interests in mind "taking out" a
corporation with more valiant interests in mind - that precedent could become a pattern - of course, Netflix would want to not have to pay a premium
price for its delivery of streaming video.
But at the same time, Verizon basically blackmailed Netflix into paying more for a service that it already paid for
. Netflix was not getting a
free lunch, Netflix was paying for their lunch.
On the other hand, Netflix got an all right deal out of a decaying situation because now they know that they aren't going to have their services
sabotaged in more blackmail attempts.
However, this is similar to how a crime ring in a big city, such as the Mafia, extorts a store for money by offering them the chance to pay for
We are entering dark times, and I am not going to be afraid to report on it guys. I will try to keep you informed of the best arguments against some
of the tyranny we face in the future and some of the best links, if I can, to keep you on top of your game.
Meanwhile, could this affect the consumer with higher Netflix rates or partitioned coverage? I'm guessing so.
Especially with corporations being able to pour nearly unlimited money into our "legal system" and "political system" in the form of bribes and
Check out this older new piece as well:
F.C.C. to Abandon Net Neutrality Rules
WASHINGTON — The principle that all Internet content should be treated equally as it flows through cables and pipes to consumers looks all but
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.
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