Comcast has lashed out at critics of its $45.2 billion bid for TWC, accusing Discovery Communications of making “extortionate demands.” Netflix also drew Comcast’s ire. The proposed merger is in the public interest, Comcast maintained. “It is not extortion to demand that Comcast provide its own customers the broadband speeds they’ve paid for so they can enjoy Netflix,” said Netflix spokesperson Cliff Edwards. “It is extortion when Comcast fails to provide its own customers the broadband speed they’ve paid for unless Netflix also pays a ransom.”
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Comcast Blasts TWC Merger Foes
Posted by: Katherine Noyes September 25, 2014 06:11 AMComcast has lashed out at critics of its $45.2 billion bid for TWC, accusing Discovery Communications of making “extortionate demands.” Netflix also drew Comcast’s ire. The proposed merger is in the public interest, Comcast maintained. “It is not extortion to demand that Comcast provide its own customers the broadband speeds they’ve paid for so they can enjoy Netflix,” said Netflix spokesperson Cliff Edwards. “It is extortion when Comcast fails to provide its own customers the broadband speed they’ve paid for unless Netflix also pays a ransom.”