Netflix, Inc. (NFLX) Strikes Deal With Time Warner Cable Inc (TWC)


In its fourth such deal,  the streaming behemoth Netflix, Inc. (NASDAQ:NFLX) has now signed an interconnection deal with Time Warner Cable Inc (NYSE:TWC). Gigaom revealed this new tie-up in a post recently. Netflix, Inc. (NASDAQ:NFLX)  has paid Time Warner Cable Inc (NYSE:TWC) an undisclosed sum of money for this deal, which will provide its viewers an unhindered streaming experience.

Netflix, Inc. (NASDAQ:NFLX), EMMY nods, Internet broadcasters leading, is netflix good stock to buy

Netflix, Inc. (NASDAQ:NFLX) has signed similar deals with three other major U.S. Internet Service Providers (ISP) in the past. Earlier, the company was engaged in a bitter fight with the ISPs over speed issues for its streaming content, which makes all these deals a surprise for the Street. Time Warner Cable Inc (NYSE:TWC) revealed to Gigaom that the deal with Netflix, Inc. (NASDAQ:NFLX) was signed in June of this year. Even though Netflix, Inc. (NASDAQ:NFLX) has signed these deals it is pursuing its case against the ISPs with the The Federal Communications Commission (FCC) arguing that these agreements ‘violate the spirit of network neutrality’.

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