Netflix unconcerned about net neutrality threats as it plans a stacked December
Select language to see a machine translation of this article. The original language of the Article is English and the translation is provided for your convenience.

Netflix unconcerned about net neutrality threats as it plans a stacked December

As the internet erupts in furor over plans to roll back net neutrality legislation instituted under the Obama Administration, the world’s best known streaming video on demand (SVOD) service says it isn’t concerned.

The Federal Communications Commission wants to put more power in the hands of internet service providers, potentially letting them provide slower access to sites that pay less (particularly important to streaming sites, which require a certain speed to play videos and music), and even blocking access to others altogether.

This is being met with outcry online, as it runs counter to the principles upon which the internet was founded (egalitarian access to information), but Netflix isn’t worried for its own business.

Netflix’s share price is up by 57% so far this year


SOURCE: Yahoo Finance

Netflix CEO Reed Hastings said that net neutrality is less important to big business. Earlier this year, he allayed investors’ concerns, saying: “it’s not narrowly important to us because we’re big enough to get the deals we want.” Ten years ago, that wouldn’t have been the case. But now, it means Netflix can spend less time worrying about politics, and more about the holiday season.

Netflix has a huge amount of new content hitting its platform in December. It includes classic films like Stanley Kubrick’s Full Metal Jacket and Marshall Mathers’ 8 Mile, modern blockbusters like Marvel’s Guardians of the Galaxy 2, Netflix originals Wormwood and Russell Howard: Recalibrate, and a host of kids’ shows like Trollhunters. With all that, it’s little surprise Netflix hasn’t had time to reflect on a free internet.


Dominion holds Netflix in its Global Trends Ecommerce Fund.

If you would you like to receive the Newsfeeds daily, please click here to sign up now!

Help us make this Newsfeed better by rating this article. 1 star = Poor and 5 stars = Excellent
0.0/5 rating (0 votes)

The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.