Julia thanks to the new periscope and merekat technology, people found a new way to get around paying for sports content. Obviously its a very new technology. And been around for a long time not an internet problem internet problem not a periscope problem. Sports has been such an integral part of Holding Everything together. Are you worried about all these new technological threats, and breaking apart the content bundle, whether thats one sold via the internet or paid tv, over cable . Tom buying content is probably less expensive for us from buying it in packages from large content companies. The big issue Going Forward what you are referencing is security is a huge problem in the digital age. And we have very fast highspeed networks. Storage that you can buy is getting keeper every day. So people can keep content and move it arne the world instantly. The security of content and how content Companies Sell their products and whether they are secure or not ultimately we are paying for is
Gathering. Reflecting back on the days of catv and forward to broadband era is to trace an amazing path from Community Antenna television to the expansion of television and now beyond. To broadband. You deserve congratulations for what you achieved as Cable Companies, as Video Companies and as network builders. You also deserve and alfred may comment about this you also deserve Straight Talk about what it means now that you are first and foremost broadband companies. You have pledged as an industry to assure that the internet remains open and free. And in that goal we are in violent agreement. We do differ however, on what that means. We part company according to your recently filed motion papers over the socalled internet conduct standard, the requirement that Internet Service providers not engage in conduct that impairs an open and Free Internet and goes beyond the obvious bright line rules of blocking tlot egg and prioritization. The internet conduct standard if you will is the Goin
Also directionally correct. It is time to look forward, not backward. This is not the time to dwell on the reasons why the federal Communications Commission and department of justice reached the conclusion that this proposed transaction would not be in the publics interest. But it is important to understand the Tipping Point from cable to broadband came while this transaction was under review. We recognized that the skri had changed and we saw concrete evidence of the new competition and Business Models made possible by high Speed Internet access. Try in other words, we recognized broadband had to be at the center of our analysis. And the video was in essence an application that flows over networks and that could be supplied both by the owners of facilities and by competitors that use broadband pathways to compete against the owners of those broadband pathways. This shift has implications far beyond this transaction for the industry at large. When i appeared before you in the Second Qu
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Shares in Netflix tanked after the company reported a remarkable turnaround, going from a net subscriber loss of 1 million subscribers in the year-ago quarter to a gai.