Netflix (NFLX) Falls On FCC Chairman Speech Backing Usage-Based Internet Pricing
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Shares of Netflix, Inc. (Nasdaq: NFLX) are seeing some pressure (-2.5%) on headlines form FCC Chairman Julius Genachowski on net neutrality suggesting that ISPs charging based on usage is supported:
The proposed framework also recognizes that broadband providers must have the ability and investment incentives to build out and run their networks. Universal high-speed Internet access is a vital national goal that will require very substantial private sector investment in our 21st century digital infrastructure. For our global competitiveness, and to harness the opportunities of broadband for all Americans, we want world-leading broadband networks in the United States that are both the freest and the fastest in the world.
To this end, broadband providers need meaningful flexibility to manage their networks - for example, to deal with traffic that's harmful to the network or unwanted by users, and to address the effects of congestion. Reasonable network management is an important part of the proposal, recognizing that what is reasonable will take account of the network technology and architecture involved.
The record also demonstrates the importance of business innovation to promote network investment and efficient use of networks, including measures to match price to cost such as usage-based pricing.
The proposed framework also recognizes that broadband providers must have the ability and investment incentives to build out and run their networks. Universal high-speed Internet access is a vital national goal that will require very substantial private sector investment in our 21st century digital infrastructure. For our global competitiveness, and to harness the opportunities of broadband for all Americans, we want world-leading broadband networks in the United States that are both the freest and the fastest in the world.
To this end, broadband providers need meaningful flexibility to manage their networks - for example, to deal with traffic that's harmful to the network or unwanted by users, and to address the effects of congestion. Reasonable network management is an important part of the proposal, recognizing that what is reasonable will take account of the network technology and architecture involved.
The record also demonstrates the importance of business innovation to promote network investment and efficient use of networks, including measures to match price to cost such as usage-based pricing.
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