With the US Court of Appeals for the DC Circuit having, in a Tuesday ruling, gutted the Federal Communication Commission's `Net Neutrality' regulations - which require Internet Service Providers (ISPs) to be neutral in their restrictions on bandwidth -, an analyst estimate shows that the move may expose the Netflix streaming video service to higher costs.
In a Monday announcement, video streaming service Netflix said that a lower-priced, single-stream tier - at a subscription fee of $6.99 per month - is being tested by the company, to a few select new subscribers.
The new $6.99-a-month pilot subscription tier delivers content only in standard-definition, and allows users to stream video to one screen at a time.
It has been revealed in a recent report that Virgin Media has for the second time won the top position in Netflix's UK ISP Speed Index.
The report uncovered that the Speed Index has been expanded by Netfix, on-demand Internet streaming media provider. It is following the same that Virgin Media has earned the high ranking.
Video subscription service of Netflix bagged in 3.1 million customers more during the fourth quarter. As a result of that the firm could deliver a performance that was better than analyst’s expectations.
The results got announced on Wednesday and it proved that Netflix is increasingly playing an important role in home and mobile entertainment.
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