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-0.00479689732598488 -0.00479689732598488 0.000202082057562805 0.000202082057562805 0.000202082057562805 0.000202082057562805 0.000202082057562805 0.000202082057562805
Stock impact report

Netflix CEO isn’t worried that Trump administration will gut net neutrality [CNBC]

Comcast Holdings ZONES (CCZ) 
US:NYSE Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
Netflix CEO Reed Hastings says he's "not too worried" about what will happen if new FCC chairman Ajit Pai eliminates the Title II regulations that have guaranteed a neutral internet experience for US consumers in recent years. Speaking to a group of journalists at Netflix's headquarters in Los Gatos, California earlier today, Hastings said he believes "the culture around net neutrality is very strong. The expectations of consumers are very strong. So even if the formal framework gets weakened," he continued, "we don't see a big risk actualizing, because consumers know they're entitled to getting all of the web services." Hastings was responding to questions The Verge asked during the briefing, and stressed that Netflix is only participating in so-called zero-rating schemes with US wireless carriers because "they're not choosing one over the other .... they're providing consumers with a better value without being a gateway." ?More from The Verge: ? An ancient mem Show less Read more
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