U.S. markets open in 8 hours 4 minutes
  • S&P Futures

    4,345.75
    +28.00 (+0.65%)
     
  • Dow Futures

    34,211.00
    +168.00 (+0.49%)
     
  • Nasdaq Futures

    14,153.25
    +166.50 (+1.19%)
     
  • Russell 2000 Futures

    1,935.70
    +7.40 (+0.38%)
     
  • Crude Oil

    87.30
    +0.69 (+0.80%)
     
  • Gold

    1,796.60
    +3.50 (+0.20%)
     
  • Silver

    22.77
    +0.09 (+0.41%)
     
  • EUR/USD

    1.1154
    +0.0007 (+0.07%)
     
  • 10-Yr Bond

    1.8070
    0.0000 (0.00%)
     
  • Vix

    30.49
    -1.47 (-4.60%)
     
  • GBP/USD

    1.3412
    +0.0031 (+0.23%)
     
  • USD/JPY

    115.3860
    +0.0840 (+0.07%)
     
  • BTC-USD

    37,346.57
    +1,357.84 (+3.77%)
     
  • CMC Crypto 200

    847.44
    +27.94 (+3.41%)
     
  • FTSE 100

    7,554.31
    +84.53 (+1.13%)
     
  • Nikkei 225

    26,717.34
    +547.04 (+2.09%)
     

Netflix loses appeal in Disney's Fox executive poaching lawsuit

·2 min read
Netflix loses appeal in Disney's Fox executive poaching lawsuit
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • NFLX
  • CNDA-UN
  • DIS

Netflix Inc. has lost an appeal of a ruling from 2019 that ordered the company to stop poaching executives from Disney’s Fox unit. A California appeals court on Thursday upheld an injunction that prevented Netflix from hiring away employees under contract at Fox, according to the Hollywood Reporter. Fox and Netflix have been engaged in a legal battle since 2016 when Fox sued Netflix (Nasdaq: NFLX) for hiring away two of its executives — executive Tara Flynn and marketing executive Marcos Waltenberg — double their salaries.