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Netflix Warns Content Will Suffer if Company Is Forced to Fund Network Upgrades

Netflix’s investment in quality shows and movies should remain its focus, says co-CEO Greg Peters.

Netflix co-CEO Greg Peters used his first public speaking engagement since taking on the role in January to make it clear that the company doesn’t want to be forced to contribute to the costs of building out internet infrastructure in Europe.

Internet service providers in the region are complaining about being forced to bear all the costs of providing the technology required by data-hungry internet companies such as Apple and Netflix. As a result, the European Commission is now mulling rules that would require streaming services to pay a «fair and proportionate contribution» towards infrastructure costs.

But speaking at Mobile World Congress in Barcelona on Tuesday, Peters said that taxing entertainment companies to subsidize ISPs would have a «significant adverse effect» on their ability to invest in content. This, he added, would hurt the local creative communities around Europe.

Peters emphasized in his speech the extent to which Netflix sees these creative communities as important partners, leaning on the success of the Oscar-nominated All Quiet on the Western Front, which was made in Germany, and other popular shows and films, such as Elite from Spain and The Crown from the UK.

The ongoing argument between streaming services and ISPs is being referred to in Europe as the battle over fair share between Big Telco and Big Tech. The concern from ISPs is that sustained traffic growth driven by Netflix and its rivals as they continue to make ever-higher numbers of shows and movies will put untold pressure on their networks, which the ISPs will have to pay to upgrade. Entertainment companies such as Netflix are reluctant to pay for what they view as bringing more value and more customers to those operators.

Peters acknowledged that investment was necessary, but he argued that Netflix has invested $60 billion, which amounts to around 50% of its revenue, in content over the past five years. The company has played its part by creating «better, more varied content, leading to more people willing to pay for better broadband services,» he said. He also outlined the other initiatives Netflix invests in to nurture talent and fund content delivery networks in countries around the world.

On Monday at MWC, European Commissioner Thierry Breton made a speech in which he said he felt that the idea of Big Tech versus Big Telcos was too binary, especially as they should all be striving to achieve giant leaps in connectivity together. Peters said he agreed with Breton’s assessment and that he remembers having the same conversations and hearing operators express similar worries in Europe 10 years ago. What ended up happening, he said, was that growing internet usage only served to create more opportunity for everyone.

«A much better approach is for entertainment companies and operators to focus on what we both do best and through that create a rising tide that will lift all boats,» said Peters. «For Netflix, that means continue to invest in and improve the quality and the variety of the stories that we offer.»

Technologies

Episode 2 of the VERUM Mini-Series is Now Out

Episode 2 of the VERUM Mini-Series is Now Out

The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.

The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.

The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.

Episode 2 is now available. Stay tuned and don’t miss what comes next.

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Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels. 

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

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Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger

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