Limelight Dims, Blames the Writers

Remember all those stories and reports about how the writers’ strike was driving TV viewers over to the Internet? Limelight Networks wants you to forget them.

After posting a larger-than-expected loss for its most recent quarter, Limelight says the current quarter won’t be much better. Why? It’s those pesky picketing writers, who are costing Limelight $1 million this quarter in lost business. And they’ll cost Limelight millions more this year, even though they went back to work last week.

Limelight, which like Akamai makes money by shuttling high-bandwidth digital content around the Internet, said big customers are trimming their online spending until the release of new programming returns to normal.

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