|[February 23, 2014]
Comcast and Netflix Team Up to Provide Customers Excellent User Experience
PHILADELPHIA & LOS GATOS, Calif. --(Business Wire)--
Comcast (News - Alert) Corporation (Nasdaq:CMCSA, CMCSK) and Netflix, Inc.
(Nasdaq:NFLX) today announced a mutually beneficial interconnection
agreement that will provide Comcast's U.S. broadband customers with a
high-quality Netflix video experience for years to come. Working
collaboratively over many months, the companies have established a more
direct connection between Netflix and Comcast, similar to other
networks, that's already delivering an even better user experience to
consumers, while also allowing for future growth in Netflix traffic.
Netflix receives no preferential network treatment under the multi-year
agreement, terms of which are not being disclosed.
About Comcast Corporation
Comcast Corporation (Nasdaq:CMCSA, CMCSK) is a global media and
technology company wih two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is the nation's largest video, high-speed
Internet and phone provider to residential customers under the XFINITY
brand and also provides these services to businesses. NBCUniversal
operates 30 news, entertainment and sports cable networks, the NBC and
Telemundo broadcast networks, television production operations,
television station groups, Universal Pictures and Universal Parks and
Resorts. Visit www.comcastcorporation.com
for more information.
About Netflix, Inc.
Netflix is the world's leading Internet television network with over 44
million members in 41 countries enjoying more than one billion hours of
TV shows and movies per month, including original series. For one low
monthly price, Netflix members can watch as much as they want, anytime,
anywhere, on nearly any Internet-connected screen. Members can play,
pause and resume watching, all without commercials or commitments.
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