Limelight says writers' strike to cost it $1 million
NEW YORK |
NEW YORK (Reuters) - Internet content delivery company Limelight Networks Inc said on Tuesday that the Hollywood writers' strike will cost the company $1 million this quarter, and a few million in the remainder of the year.
Limelight helps media companies deliver digital content, including video, over the Internet.
The company also said litigation costs, including a legal battle with rival Akamai Technologies Inc, was a considerable drag on its earnings outlook.
(Reporting by Ritsuko Ando, editing by Phil Berlowitz)
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