Netflix (NASDAQ:NFLX) has agreed to pay Comcast (NASDAQ:CMCSA) an undisclosed sum of money to ensure its streaming video runs smoothly on the company's network. Many are looking at the deal as a precedent to future deals with other broadband providers. While many investors feared that this might be on the way and that it would have a negative impact on the stock, shares were actually up on the news.
In the lead segment from Monday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Jason Moser and Taylor Muckerman discuss the deal, how it ultimately benefits consumers, and what it reveals about the consumer-focused management philosophy at Netflix.
Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Netflix. The Motley Fool owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.