While he expected it to take months for Netflix to sort through the details of the proposed deal, he already had one simple guideline in mind.
"We want to require that for AT&T customers, that HBO and Netflix are treated the same," said Hastings in an exclusive interview with CNBC at the WSJ D Conference. "Now that they're going to own HBO we think that any special treatment for HBO data would be inappropriate, but I think that's pretty basic."
Hastings also acknowledged that AT&T's ownership of Time Warner could have some clear drawbacks, as well as some surprising advantages. "There's a lot of AT&T investment in content, that could make things tougher," said Hastings. "On the other hand it's probably going to get easier for us to recruit Time Warner executives, which are a very talented bunch."