Netflix boss gives approval of AT&TTime Warner deal
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.