Verizon inks paid peering deal with Netflix

Gigaom

Netflix CEO Reed Hastings may really hate the peering deal he signed with Comcast, (S CMCSK) but that didn’t stop him from entering a similar partnership with another ISP: Verizon and (S VZ) Netflix have also agreed on a paid peering relationship.

News of that pact was first broken Monday afternoon on by BTIG Research’s Walter Piecyk, who tweeted Monday afternoon that Verizon CEO Lowell C. McAdam had confirmed the commercial relationship between the two companies.

Netflix has since confirmed the agreement,with a spokesperson telling us via email:

We have reached an interconnect arrangement with Verizon that we hope will improve performance for our joint  customers over the coming months.

A Verizon spokesperson also confirmed to Gigaom that both parties have reached a deal, but wasn’t able to offer any further details.

Netflix entered a paid peering deal with Comcast in February after Netflix subscribers saw average streaming…

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One thought on “Verizon inks paid peering deal with Netflix

  1. Pingback: Netflix Pays Verizon in Streaming Deal, Following Comcast PactBig Online News | Big Online News

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