Netflix stock falls as talks on Starz deal unravel
Friday, September 2, 2011 - 03:31
in Mathematics & Economics
(AP) -- Netflix's negotiations to keep a key piece of its Internet video library have collapsed, dealing a major blow to the largest U.S. video subscription service as it raises the prices for most of its 25 million customers. The setback triggered a nearly 9 percent drop in Netflix Inc.'s stock price.