Activision Blizzard sues Netflix for poaching CFO Spencer Neumann [Los Angeles Times (CA)]
Netflix, Inc. (NFLX)
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Source: Los Angeles Times
Netflix continues to face legal challenges as it lures high-level executives from rival entertainment companies. On Friday, Santa Monica-based Activision Blizzard sued Netflix over its recruitment of chief financial officer Spencer Neumann. Neumann left Activision Blizzard at the end of December 2018, breaking his agreement to be employed at the company until at least April 30, 2020, according to a lawsuit filed by Activision in Los Angeles County Superior Court. “Netflix’s unlawful conduct is not trailblazing or innovative — it is just reflective of Netflix’s contempt for the law of the State of California,” Activision said in its lawsuit. Netflix declined to comment. Activision’s legal action follows other companies like Fox and Viacom that have filed lawsuits against Netflix for poaching their executives who had fixed-term contracts. A judge last year ordered Netflix to stop poaching executives under fixed-term agreements from Fox. The Los Gatos, Calif.-based streaming giant appeal
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