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)

 

Featured Broker sponsored link