Netflix does not want to pay European internet service providers (ISP) for rising traffic costs due to the popularity of streaming video content.
In his keynote address to the 2023 World Mobile Congress in Barcelona, Netflix co-CEO Greg Peters said:
>Some of our ISP partners have proposed taxing entertainment companies to subsidize their network infrastructure… [which] would have an adverse effect, reducing investment in content – hurting the creative community, hurting the attractiveness of higher-priced broadband packages, and ultimately hurting consumers.
Those isps are funded by their subscribers. Maybe they shouldn’t pay all that money to their shareholders while under provisioning their networks for reasonable current day load.
Essentially, isps want to be paid twice for the same services. Companies like Netflix would be forced to forward the costs to their customers. Essentially European customers would pay twice for their service and most likely it would only go into the pockets of fatcat billionaire shareholders.
ISPs get paid very well by the majority of the population to provide a service. This double dipping is just going to be paid by the consumer for the shareholders gain.
Pretty sure that Netflix is already offering network caches for ISP to place on their local network to reduce peering traffic for free.
Netflix seem hell bent on ruining their company.
The moment where a private for profit company can say f off to the continent administration, you know capitalism went a tad bit too far
I hate Netflix but they shouldn’t pay this nonsense lobby tax.
Netflix is refusing to pay something that is already paid for by us, I don’t see anything wrong
Totally agree with them even though I hate them, way too much reach into private business.
I usually don’t agree with Netflix, especially recently since they started the whole raising prices/banning password sharing nonsense, but I agree with them on this and if Amazon Prime, Disney and HBO push back, then this would be probably the first time corporate lobbying lead to the a positive for the consumer.
This is just big companies fighting with each other and trying to make the other side look greedy. Both are greedy and both are just trying to get the other side to pay so their own profit margins are better.
ISPs make shit loads of money off of consumers, but they also build the network infrastructure. Big tech companies like Netflix are taking the majority of the bandwidth of the current infrastructure which is causing the demand for an increase in infrastructure needing to be built. So the ISPs are lobbying the EU to get big tech to pay for some of the infrastructure cost. The big tech companies don’t want to pay that cost, saying the infrastructure is the ISPs problem.
It is just greedy CEOs vs other greedy CEOs. The EU should tax them both to high heaven.
ISPs must have a weird pricing model, if someone creating demand for their services is considered a bad thing.
Most broadband adverts I see are the same “high speed, Unlimited broadband”. Yet when we avail of the features they’re offering, it’s unfair and someone else has to pay??
Sounds to me they’re selling an “unlimited” service they don’t want to (or can’t afford to) deliver; in the hope customers buy it but don’t use it. And are now being found out.
Normally I’m quite pro EU, but in this case this weird TAX they are coming up with is just abhorrent.
Got it. Time to unsubscribe again.
Good on Netflix. I have an unlimited internet traffic subscription. I pay for it according to the price points established by the internet provider himself. What fucking business do they have asking Netflix for extra tax?
“Demanded” is a very artistic way of saying “asked for” and who they asked was the European Commission, not Netflix directly.
And if the law changes, Netflix will pay or Netflix will face the legal consequences of not paying taxes.
Supporting such a tax or not, they cannot refuse should it become law.
15 comments
Netflix does not want to pay European internet service providers (ISP) for rising traffic costs due to the popularity of streaming video content.
In his keynote address to the 2023 World Mobile Congress in Barcelona, Netflix co-CEO Greg Peters said:
>Some of our ISP partners have proposed taxing entertainment companies to subsidize their network infrastructure… [which] would have an adverse effect, reducing investment in content – hurting the creative community, hurting the attractiveness of higher-priced broadband packages, and ultimately hurting consumers.
Those isps are funded by their subscribers. Maybe they shouldn’t pay all that money to their shareholders while under provisioning their networks for reasonable current day load.
Essentially, isps want to be paid twice for the same services. Companies like Netflix would be forced to forward the costs to their customers. Essentially European customers would pay twice for their service and most likely it would only go into the pockets of fatcat billionaire shareholders.
ISPs get paid very well by the majority of the population to provide a service. This double dipping is just going to be paid by the consumer for the shareholders gain.
Pretty sure that Netflix is already offering network caches for ISP to place on their local network to reduce peering traffic for free.
Netflix seem hell bent on ruining their company.
The moment where a private for profit company can say f off to the continent administration, you know capitalism went a tad bit too far
I hate Netflix but they shouldn’t pay this nonsense lobby tax.
Netflix is refusing to pay something that is already paid for by us, I don’t see anything wrong
Totally agree with them even though I hate them, way too much reach into private business.
I usually don’t agree with Netflix, especially recently since they started the whole raising prices/banning password sharing nonsense, but I agree with them on this and if Amazon Prime, Disney and HBO push back, then this would be probably the first time corporate lobbying lead to the a positive for the consumer.
This is just big companies fighting with each other and trying to make the other side look greedy. Both are greedy and both are just trying to get the other side to pay so their own profit margins are better.
ISPs make shit loads of money off of consumers, but they also build the network infrastructure. Big tech companies like Netflix are taking the majority of the bandwidth of the current infrastructure which is causing the demand for an increase in infrastructure needing to be built. So the ISPs are lobbying the EU to get big tech to pay for some of the infrastructure cost. The big tech companies don’t want to pay that cost, saying the infrastructure is the ISPs problem.
It is just greedy CEOs vs other greedy CEOs. The EU should tax them both to high heaven.
ISPs must have a weird pricing model, if someone creating demand for their services is considered a bad thing.
Most broadband adverts I see are the same “high speed, Unlimited broadband”. Yet when we avail of the features they’re offering, it’s unfair and someone else has to pay??
Sounds to me they’re selling an “unlimited” service they don’t want to (or can’t afford to) deliver; in the hope customers buy it but don’t use it. And are now being found out.
Normally I’m quite pro EU, but in this case this weird TAX they are coming up with is just abhorrent.
Got it. Time to unsubscribe again.
Good on Netflix. I have an unlimited internet traffic subscription. I pay for it according to the price points established by the internet provider himself. What fucking business do they have asking Netflix for extra tax?
“Demanded” is a very artistic way of saying “asked for” and who they asked was the European Commission, not Netflix directly.
And if the law changes, Netflix will pay or Netflix will face the legal consequences of not paying taxes.
Supporting such a tax or not, they cannot refuse should it become law.