Netflix (NFLX) CEO Reed Hastings told The Sunday Telegraph that BSkyB (BSYBY) was a “powerful, formidable competitor” but that Netflix was prepared to invest heavily to win the rights. “We will be really aggressive in our bidding,” said Hastings, according to the Telegraph.
Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time …