Netflix Inks Time Warner Cable Pact to Pay for Direct Internet Connections

Originally posted on Variety:

Netflix has agreed to pay Time Warner Cable for guaranteed bandwidth to deliver its streaming-video service to the cable operator’s broadband users, following similar deals with Comcast, AT&T and Verizon.

The No. 1 streaming service, which represents about one-third of all downstream Internet traffic in North America, now has deals with the country’s top four broadband providers, representing about 68% of all high-speed Internet subscribers in the U.S.

“Time Warner Cable reached an agreement with Netflix in June, and we began the interconnection between our networks this month,” a rep for the cable company said. Netflix confirmed that it has a deal in place with TW Cable.

Comcast is in the process of acquiring Time Warner Cable, pending regulatory reviews.

News of Netflix’s deal with TW Cable was first reported by Gigaom.

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