Limelight says writers' strike to cost it $1 million

Tue Feb 19, 2008 5:47pm EST
 
[-] Text [+]

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)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better