This article submission is pure FUD, and very misleading.
The issue at hand is Level 3 currently have a peering agreement. They send each other traffic at a 1:1 ratio, more or less. Level 3 acquired Netflix as a customer. The traffic ratio will now change to 5:1 in Level 3's favor. Anytime traffic is that out of balance, a commercial (monetary) peering arrangement is made. This has nothing to do with neutrality, or video, or netflix, or anything else. This is simply Level 3 whipping up the childlike fear of no net neutrality in hopes to gain a better peering agreement. Very Shady on their part, and very silly for anyone who gobbles it up.