Despite Deal, Netflix CEO Blasts Comcast2014-05-30 09:47 by Daniela
Tags: Netflix, Comcast
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."
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.
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