The Comcast deal failed because America needs more streaming television like Netflix

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Netflix CEO Reed Hastings seems to have learned his way around Washington

On April 15, Hastings, an evangelist for Internet TV and a sworn enemy of cable companies, made a striking comment to investors during the company’s otherwise routine quarterly earnings callHastings told analysts that Netflix’s “main goal” was to squash Comcast’s proposed $45 billion merger with Time Warner Cable, which would control 50% of US residential internet homes and potentially squeeze out alternative television providers from Netflix to Sling TV — “just too much in one company,” according to the CEO of the nation’s largest streaming video provider Read more…

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