Verizon and Netflix

Netflix

Netflix just confirmed that it will pay Verizon for direct access through the carrier’s network, allowing for improved streaming video for customers. According to a brief statement, “We have reached an interconnect arrangement with Verizon that we hope will improve performance for our joint customers over the coming months.” The announcement mirrors a similar peering deal inked earlier this year made by Netflix and Comcast, and likely won’t be the last of its kind. The details of the arrangement are currently confidential. However, they surely must come as a foregone conclusion at least for Verizon CEO Lowell McAdam, who said that he expected to sign a deal with the streaming company days after the Comcast agreement. However, the deal flies in the face of the stance Netflix has thusfar espoused, saying that preferential treatment violates their definition of true and total net neutrality.

Read the full story at The Verge.

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