If you’re a Verizon (VZ) customer though, this might not be how you view Netflix. Verizon came under fire recently as the reason Netflix has lost quality.
This isn’t the first time that Netflix has been the target of internet service providers (ISP), reports GigaOM. Both Comcast (CMCSA) and Time Warner Cable (TWC) have been accused of letting the quality of the streaming service fall in the past, likely in an effort to attract viewers to their own streaming services. The reason behind Netflix loss of quality could have to do with Verizon owning 50% of Redbox, a Netflix competitor.
NFLX stock raised almost 2%, while VZ stock on the other hand lowered by 3%, as of Wednesday.