Netflix is paying Verizon for network connection to speed up video

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Netflix today confirmed that it reached an interconnection agreement with Verizon, similar to the one it recently struck with Comcast. “We have reached an interconnect arrangement with Verizon that we hope will improve performance for our joint customers over the coming months,” Netflix spokesperson Joris Evers told Ars. “It is a paid interconnect agreement.”Word of the deal first leaked on Twitter when analyst Walter Piecyk wrote , “Verizon CEO [Lowell McAdam] confirms they have signed direct connection deal with Netflix like Comcast’s.” When contacted by Ars, Piecyk said that “McAdam confirmed a deal with Netflix in answer to our question at a group investor meeting [today]. No further details were provided on the financial terms.” Read 7 remaining paragraphs | Comments

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Netflix is paying Verizon for network connection to speed up video

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