Netflix
Video Streaming Giant Netflix Downloads Bold Strategy for Growth
Already dominant in video streaming, Netflix Inc. (Nasdaq: NFLX) is determined to drive its business into fresh territory. The company plans to acquire its own content with a deal for the U.S. rights to a television series, and will expand its reach to new countries in 2012. Netflix has enjoyed extraordinary success over the past [...]
Net Neutrality Tested by Comcast-Level 3 Netflix Dispute
Netflix Inc. (Nasdaq: NFLX) – the web-based DVD rental company – is locked in a row with Comcast Corp. (Nasdaq: CMCSA) that could have significant implications for the management of the Internet as a whole.
At the heart of the conflict is Level 3 Communications Inc. (Nasdaq: LVLT), a little-known network operator that handles Netflix content. Comcast has increased the fees it charges Level 3 to carry streaming Netflix videos over its cable network. That decision goes against conventional principles of so-called "network neutrality," under which network operators exchange traffic for free when similar amounts of information flow in each direction. Such exchanges are known as "peering."
Net neutrality also prohibits network owners like Comcast from discriminating against Internet companies by blocking or slowing access too their content.
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