Oversubscribing lines has been one of the ways to keep ISPs profitable for years. Streaming video absolutely cuts into the ability to do this of course but I do

Oversubscribing lines has been one of the ways to keep ISPs profitable for years. Streaming video absolutely cuts into the ability to do this of course but I doubt it's the primary issue here. Verizon has every incentive to not add more bandwidth to their peering points with Level 3 and try to get more money from Netflix directly.