Netflix to Pay Comcast for Smoother Streaming Dea
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Netflix to Pay Comcast for Smoother Streaming
Deal Ends Standoff , Might Serve as Precedent for Relations With Other Broadband Suppliers
By Shalini Ramachandran
Updated Feb. 23, 2014 7:47 p.m. ET
Netflix Inc. has agreed to pay Comcast Corp. to ensure Netflix movies and television shows stream smoothly to Comcast customers, a landmark pact that could set a precedent for Netflix's dealings with other broadband providers, people familiar with the matter said.
In exchange for payment, Netflix will get direct access to Comcast's broadband network.
The deal comes just 10 days after Comcast agreed to buy Time Warner Cable...
http://online.wsj.com/news/articles/SB1000142...1892041790
......sounds like consolidation and coming to terms with others
Looking Forward to facts from filings,......biding time till then
Rock on my friends!