Tuesday, November 30, 2010

Level 3 vs. Comcast - In a Nutshell

How the last couple of day's events have panned out...

Level 3, who owns NetFlix, announces rate increases

> Level 3's PR team puts out a press release about Comcast forcing the rate increase by upping bandwidth charges

> Comcast states there is no wrong doing by Comcast for the rate increase

> Really rich stockholders at Comcast make more money, really rich stockholders at Level 3 make more money

> Sucks to be me who subscribes to both

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