Netflix Gives In To Cable Company Control

In a recent opinion piece published in Wired Magazine, Reed Hastings, Netflix chief executive officer and one of the largest users of internet broadband capacity in the world, argued that in order to “save the net” society should not “give in to the big ISPs.”  One day later, Techspot published a report that Netflix, Inc. (NASDAQ:NFLX) is agreeing to pay Time Warner Cable Inc (NYSE:TWC) an additional fee to receive faster download speeds.

In giving in to Time Warner, Hastings appears to be violating a core tenant of “net neutrality,” a guiding...