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Equities3

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Alias Born 04/07/2014

Equities3

Re: None

Wednesday, 04/23/2014 12:54:20 PM

Wednesday, April 23, 2014 12:54:20 PM

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Netflix Inc. (NFLX) released earnings after the bell on April 21, and the results were exceptional, showing a rise in subscription numbers, revenue, and earnings. Concomitantly, the popular video streaming platform came out against the proposed $45.2 billion merger of telecom giants Comcast (CMCSA) and Time Warner (TWC)http://www.equities.com/editors-desk/stocks/technology/netflix-comes-out-against-comcast-time-warner-deal-stock-rises#sthash.UyICjHSp.dpuf, saying such an endeavor “would possess even more anti-competitive leverage to charge arbitrary interconnection tolls for access to their customers.”
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