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Netflix Join Hands With Comcast

This contract could be a landmark in the antiquity of internet. The nation's well-known gigantic cable and broadband supplier (Comcast) and the enormous television and film streaming resource (Netflix) had assent to a huge dealing between them.

This would be the first agreement that the online television and film streaming resource had come to with a broadband supplier. Netflix had given the nod to pay Comcast to make certain that, it's television programmes and movies could stream more swiftly.

The companies had delivered their joined affirmation in a conference had earlier:"We're establishing a more direct connection to provide better services to the customers that will also allow for future growth in Netflix traffic".

According to the research done by Sandvine, Netflix had 33 million U.S. subscribers at the beginning of the year and it has been enduring payments to Internet companies as the deals could multiply the possibilities of similar dealings with other contributors. Besides, Comcast and Netflix have not revealed any of the terms and conditions of the agreement up to today. 

According to source, it seems to be that this dealing struck 10 days after Comcast agreed to buy Time Warner Cable for $45 billion. This might be a great possession which could make Comcast to be the massive cable supplier of more than half of the United States residence in future.

For the nonce, Netflix is already experimenting with various rate plans that charge vaguely more for households that want to stream motion pictures and programmes on four different screens simultaneously. The join hand of Comcast and Netflix can be outlined as a mutually rewarding and profitable settlement of this year.

source: CNN, CNET

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