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Netflix moves to block a hostile takeover

Carl Icahn

Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the online video company. Netflix Inc. said Monday that it has adopted a shareholder rights plan, also known as a poison pill. Such a plan is designed to make it difficult or even impossible for someone to take over the company without an agreement from the board. When the provision is triggered, additional shares flood the market and make it prohibitively expensive for a takeover.

 

Once Film-Focused, Netflix Shifts to TV Shows

The loss of its contract with Starz for movies may hurt Netflix less than originally thought, because more than half of its streaming audience are watching TV series.

 

Netflix strikes movie deal with Weinstein Co.

Netflix

Netflix says it will stream certain movies from The Weinstein Co., including "The Artist," under an exclusive licensing agreement.

 

Media Decoder Blog: Netflix Strategy Prompts Backlash

The company’s decision to split into two businesses has customers complaining that it is treating them badly.

 

Netflix lowers subscriber forecast, shares fall

Netflix lowers subscriber forecast, shares fall

Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased...

 

[Updated] Netflix clamps down on account sharing; additional streams now cost a premium

If you're a seasoned Netflix instant streaming user, it may surprise you to know that the company has always had an official policy of limiting the number of simultaneous streams you're using. Now, Netflix has made that policy more concrete by producing an error message if you attempt to access your streaming account when it is already in use.

 

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