Following a European Union’s petition, Netflix, Amazon, Apple, Disney and YouTube have all provisionally agreed to reduce the quality of their video streams in Europe, to ensure the availability of online services.
The European Union is urging Netflix and other streaming platforms to stop showing video in high definition to prevent the internet from breaking under the strain of unprecedented usage due to the coronavirus pandemic.
European Union cable industry reached all-time high as broadband demand thrives and the growth in internet subscriptions drives market expansion, according to IHS Markit.