Netflix Agrees to Pay Verizon for Faster Network Access
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Netflix Inc. agreed to pay for more direct access to Verizon Communications Inc.’s FiOS broadband network to improve quality and reliability for its video-streaming customers, the second such deal in two months.
Netflix, the world’s largest subscription streaming service, will pay Verizon to guarantee faster access, according to statements yesterday from both companies. They declined to reveal any financial terms.