Netflix co-CEO Greg Peters spoke out towards a European proposal to make streaming suppliers and different on-line corporations pay for ISPs’ community upgrades.
“A few of our ISP companions have proposed taxing leisure firms to subsidize their community infrastructure,” Peters stated in a speech Tuesday at Cellular World Congress in Barcelona (transcript). The “tax would have an opposed impact, lowering funding in content material—hurting the artistic neighborhood, hurting the attractiveness of higher-priced broadband packages, and in the end hurting shoppers,” he argued.
ISPs have been in search of funds for years, and their calls for are actually being evaluated by European regulators in an exploratory session. The European Fee final week began taking public enter on the proposal to make on-line platforms pay for telecom firms’ broadband community upgrades and expansions.
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