Netflix to Support Charter Acquisition of Time Warner Cable … for a Price
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Netflix will support Charter Communications’ $55 billion acquisition of Time Warner Cable in exchange for access to Charter’s customers without fees, according to filings the companies sent to the Federal Communications Commission Tuesday.
Charter won’t charge any website to deliver its content more efficiently until at least Dec. 31, 2018, the company said in a filing obtained by Bloomberg News. Netflix filed a separate document that said it’s committed to supporting Charter’s deal for Time Warner Cable, announced in May.
Net neutrality regulations that took effect last month prohibit internet service providers from charging websites to make sure their content reaches consumers more quickly, but the filing may provide Netflix extra peace of mind that Charter won’t look for potential loopholes or workarounds.
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