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The company's chief financial officer, David Wells, told an investor conference Wednesday that Netflix isn't "pleased" about the Federal Communications Commission's recent vote on net neutrality, which slapped strong new rules on Internet providers.
It's a shocking admission for a company that led the charge on aggressive regulations for Comcast, Verizon and other broadband companies. Last week, the FCC handed Web companies a big victory when it decided to regulate Internet providers under Title II of the Communications Act — just like legacy telephone companies. Netflix tries to explain its apparent sudden flip-flop on net neutrality - The Washington Post
It's a shocking admission for a company that led the charge on aggressive regulations for Comcast, Verizon and other broadband companies. Last week, the FCC handed Web companies a big victory when it decided to regulate Internet providers under Title II of the Communications Act — just like legacy telephone companies. Netflix tries to explain its apparent sudden flip-flop on net neutrality - The Washington Post