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



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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