Net­flix boss gives ap­proval of AT&TTime Warner deal

The Star (Kenya) - - News Business -

Net­flix CEO Reed Hast­ings has said he is in favour of AT&T Inc’s planned $85.4 bil­lion (Sh8,668.19 bil­lion) ac­qui­si­tion of Time Warner Inc, pro­vided that his pop­u­lar me­dia stream­ing com­pany con­tin­ued to be treated fairly. He was speak­ing at a tech­nol­ogy con­fer­ence hosted by the Wall Street Jour­nal in La­guna Beach, Calif. Hast­ings said it is crit­i­cal that Net­flix’s con­tent be treated the same as Time Warner’s once the deal takes ef­fect. “If it’s open com­pe­ti­tion, we’d love that,” he said. Hast­ings has been an out­spo­ken ad­vo­cate of net neu­tral­ity, which holds that In­ter­net ser­vice providers should not favour some types of con­tent over oth­ers.

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