CNBC's Julia Boorstin reports Netflix has responded to Verizon's cease & desist letter where Netflix blamed Verizon for broadband seed issues.
Earlier, Verizon sent Netflix a letter demanding the streaming service cease and desist false claims and unfair business practices on Thursday.
Netflix customers received alerts reading "The Verizon network is crowded right now" when their videos streamed slowly. Re/code reports.
Richard Greenfield, a media and tech analyst at BTIG, tells CNBC Netflix has upped its game in the net neutrality fight.
Some of Friday's midday movers:
Netflix CEO Reed Hastings hasn't been shy in the past about complaining when investors were roller-coasting his company's stock price.
Comcast's $45 billion deal for Time Warner Cable would create a monopoly, Netflix CEO Reed Hastings told CNBC.
Netflix CEO Reed Hastings, reveals what's in his Netflix queue, his favorite smartphone app, and what he considers to be the biggest threat to Netflix. Hastings also explains why he does not believe in advertising.
Reed Hastings, Netflix CEO, discusses the risk of investing in original content and how much he is willing to spend on originals. Hastings said Netflix spent about $3 billion on content this year.
Netflix CEO Reed Hastings, discusses the importance of strong net neutrality and if it will stifle innovation.
Netflix CEO Reed Hastings, explains why he is opposed to the deal between Comcast and Time Warner Cable. Hastings says, "Comcast wants to charge both the consumers and the providers, and that's what I'm trying to stop."
Patrick Grove, Chairman & CEO of Catcha Group, explains why the firm is planning to bring its own version of Netflix to Asia and the Middle East over the next 6 to 12 months.
Stocks finished broadly higher Tuesday, with the S&P 500 setting a new record, as investors cheered a batch of better-than-expected economic reports and merger activity.
Take a look at some of Tuesday's midday movers:
Netflix has purchased the earliest home video rights for Sony's animated films, which were previously owned by Starz.
Anyone who attended the groundbreaking D: All Things Digital conferences in the past will recognize the high-powered lineup of senior executives.
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
Stocks may be rallying Wednesday, but there are still plenty of industries that have lost substantial ground.
Some of the names on the move ahead of the open.
Netflix will launch its online movie and TV subscription service later this year in France, Germany and four other European countries.