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CEO of Verizon says he expects Netflix will sign deal to pay them as well

25
Feb
2014

This came after months of Netflix traffic performing increasingly poorly on Comcasts network. Also at issue is the massive increase in the last few years of Netflixs size; Verizons CEO wasted no time in announcing that the company expected to strike a similar bargain. On CNBC this morning Verizons chief Lowell McAdams revealed that Netflix and Verizon have been in talks for almost a year now, and that he expects to finalize a deal soon.

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