i spoke with jon erlichman, chief washington correspondent peter cook, alex sherman about the deal and started by asking on how it all came together. >> charter had this great interest in doing this deal with time warner cable. time warner cable wanted them to pay more money. they worrying about the possibility of comcast acquiring some of the assets of time warner cable and along the lines they decided comcast, it's a better move to get bigger than everybody else and have control over marks like new york and los angeles and chicago, philadelphia, the d.c. area. they truly are the biggest player in the cable business in the united states. >> right. but is this deal going to go through? the regulators made it clear with at&t and t-mobile they wanted four wireless carriers. is it going to be any different with cable companies? >> it is because they are different businesses. yes, the government is going to scrutinize this carefully. you get number one and number two joining together, that raises a lot of flags here in d.c. because there is that full spectrum of competition from the satell

executive of the group free press and here with me in the studio, thank goodness is bloomberg's only alex sherman been covering this story extensively. alex, describe exactly what this is all about. netflix paying comcast for what? >> it's a complicated story. it gets really to the heart of how the internet is constructed. so hopefully we can flesh this out in this discussion here. a lot of people have thrown around the term net neutrality. that isn't quite what this is. this is a cousin to net neutrality. this is a separate outside business agreement between netflix and comcast where netflix has realized that the quality of its product has deflated a bit on comcast and it has decided, all right, for better access directly into your system, we are going to pay you money directly instead of a third party which is what netflix has been paying. therefore, that money, we don't know exactly how much that money is, but relative standards, it could be $25 million, $50 million a year, something like that. >> so netflix paying comcast for a shinier, faster, newer pipe into the house. >> this would extend

alex sherman, our bloomberg news reporter on top of the deal. check on top headlines this morning. to negotiate with time warner cable and other potential partners to add video content. is aiming to unveil the device by april and have it available for sale by christmas. websites are down for a second day after a cyber attack by investors. is working with enforcement and making progress toward restoring service and repairing internal systems in the u.s.. -- bolstered its dividend after reporting gains and a second profit. the mining company was able to beat its target, as well as get .pproved from rising prices prices have recently been falling. for more, we are joined from the rioon stock exchange by the ceo. great to have you here with us on this program. what kind of demand you are seeing for your products, especially in china, where there is a lot of concern we are eating a marked slowdown in the country. quest thank you. good morning. we are seeing strong demand from china as it continues to urbanized and industrialized. the commodity, the s

and you're with me in the studio is alex sherman, who has been covering this story extensively.ust describe what this is all about. for what?ying comcast >> it's a complicated story and gets to the heart of how the internet is constructed. hopefully we can flesh this out. a lot of people throwing around the term net neutrality. that's not quite what this is. is a separate outside business agreement between netflix and comcast where netflix has realized the quality of its audit has deteriorated a bit and it has decided for better access to rectally into your system, we are going to pay you money directly incident a third party, which is what netflix has been paying. it could be 25 million or 50 million a year. shinier,x paying for a faster, newer pipe. >> this would extend to all internet service providers. >> what do you think about this? fax consumers have a lot of reason to be concerned. the are in the dark on what terms of this deal are and most of us who are subscribers. we were paying to get netflix at a good throughput, if you will. that's why we have been paying 80 or $90

understand new york alex sherman joining us. john, i'm going to start with you, how did this happen? >> we know that there has been reported a lot on this. this enter from chart tore get bigger. in a world where people have a lot of options outside traditional cable. facebook, any big platform where they can spend their time these days, the cable industry feels like it needs to get bigger so it can spread the cost around, the cost of making the service better and the technology that goes into that. charter had this great interest in doing this deal with time warner cable. time warner cable wanted them to pay more money. they wering about the possibility of comcast acquiring some of the assets of time warner cable and along the lines they decided comcast, it's a better move to get bigger than everybody else and have control over marks like new york and los angeles and chicago, philadelphia, the d.c. area. they truly are the biggest player in the cable business in the united states. >> but is this deal going to go through? the reg

we'll dive into this with alex sherman along with sir martin and then other guests this morning on the by comcast. brian roberts of philadelphia and comcast. their acquisition of time warner cable. this is a stunning development. it happened last night. we'll perhaps see that announcement this morning. we'll dive into that. also, david stockman with us. we'll talk to him about the budget. about the deficit. about the disarray in his republican party. >> thank you very much. and obble we'll have this coming up. >> a bitter taste. nestle posted the slowest sales growth in four years. live with its chief executive next. > but things are looking up. live on bloomberg tv later. >> welcome back. live from london on bloomberg tv. >> nestlÉ, the worlds largest food company posted the world's growth in four years. joining us is the ceo. these numbersall as disappointing. how would you see them? feel they are strong figures. the growth is composed with very soft pricing that will not need it. rep.so have grown in your definitely out performing the market. that is what is good about these figures