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Despite Deal, Netflix CEO Blasts Comcast

2014-05-30 09:47 by
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Speaking yesterday at the Code Conference in Rancho Palos Verdes, CA, Netflix CEO Reed Hastings criticized again Comcast's proposed $45 billion merger with Time Warner Cable. He also accused Comcast of wanting to become the post office, a big national monopoly.

Hastings said he doesn't understand why Internet companies like his have to pay Comcast so much to deliver their content down to the household, when Comcast's customers are already paying Comcast a lot each month for broadband service. Comcast, Hastings said, is "double dipping."

"They want the whole Internet to pay them for when their subscribers use the Internet," Hastings said of Comcast. "Should Comcast be able to charge everyone else for access to their subscribers?"

Hastings said the money it's paying Comcast and other ISPs right now isn't hurting too badly, but it's likely to get worse.

"If they charge the Internet a little bit now, as they grow, they're going to charge more and more and more. It's getting ahead of that principle," he added.

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