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MAR 22, 2014 - Business Insider

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What The Heck Is Netflix CEO Reed Hastings Up To?

Last month, Netflix and Comcast announced that they have come to an arrangement that should ensure quality television and movie streams for Comcast customers for the foreseeable future.  Here are the basics: Netflix will pay Comcast an undisclosed sum, and in exchange Comcast will connect directly to Netflix's servers, improving streaming quality for all Netflix content. At the time, it looked like both companies got what they wanted: Comcast didn't have to foot the bill for handling all of Netflix's traffic, and Netflix was able to provide better service for its customers. ... Read More

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