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Netflix handed laughable lawsuit by disgruntled shareholder

There is a special place in hell reserved for those who kick a man while he is down, especially when that someone has transformed our industry for the better. This was the case as a Netflix shareholder went about suing the very company which has driven OTT video to unprecedented heights – seemingly blind to the bigger picture and hanging on unrelenting to the company’s Q2 subscriber overestimates. Forgive us for sounding like a broken record, but for those who missed our coverage of Netflix’s second quarter results last week, the TLDR (too long; didn’t read) is that Netflix achieved an historic moment by surpassing the 150 million subscribers milestone in Q2, not that you’d know it going by the…

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